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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-08-29
Resistance and Support Level Explanation
Resistance 1.2960 H4
Support 1.2890 H4

GBPUSD, H4: GBPUSD was traded higher following a rebound from the support level of 1.2890. MACD indicator which illustrate increasing upward momentum suggests GBPUSD to advance further up, towards the resistance level of 1.2960.

 

Resistance level: 1.2960, 1.3020

Support level: 1.2890, 1.2830