GCMAsia - GBPUSD

GBPUSD
2018-10-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.2740 | H1 |
| Support | 1.2695 | H1 |

GBPUSD, H1: GBPUSD was higher following prior rebound from the support level at 1.2695. MACD which illustrate bullish momentum and the formation of golden cross suggest the pair to extend its gains toward the resistance level at 1.2740.
Resistance level: 1.2740, 1.2790
Support level: 1.2695, 1.2665