GCMAsia - GBPUSD

GBPUSD
2019-01-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.3125 | H1 |
| Support | 1.3060 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound from the support level of 1.3060. MACD which illustrate diminished downward momentum suggests the pair to be traded higher in short-term as technical correction.
Resistance level: 1.3125, 1.3230
Support level: 1.3060, 1.2990