GCMAsia - GBPUSD
GBPUSD
2017-03-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.2495 | H1 |
| Support | 1.2465 | H1 |
GBPUSD. H1: GBPUSD was traded higher following a rebound from the support level of 1.2465, concurrent with the formation of golden cross by both moving average line. As both MA line continues to expand upwards, a successful closure above the resistance level of 1.2495 would suggest GBPUSD to extend its upward momentum.
Resistance level: 1.2495, 1.2525
Support level: 1.2465, 1.2430