GCMAsia - GBPUSD
GBPUSD
2017-03-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.2465 | H1 |
| Support | 1.2430 | H1 |
GBPUSD, H1: GBPUSD was traded higher following prior closure above the 20-moving average line (red) while currently testing near the support level of 1.2430. With regards to the MACD histogram which illustrates upward signal and momentum above the threshold of 0, a rebound form the level of 1.2430 would suggest GBPUSD to advance towards the target of resistance level at 1.2465.
Resistance level: 1.2465, 1.2495
Support level: 1.2430, 1.2375