GCMAsia - GBPUSD

GBPUSD
2018-12-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.2700 | H4 |
| Support | 1.2660 | H4 |

GBPUSD, H4: GBPUSD remained traded in a sideway channel while currently testing near the resistance level 1.2700. MACD which display diminishing bullish signal suggest the pair to undergo technical correction and retrace from its higher levels.
Resistance level: 1.2700, 1.2740
Support level: 1.2660, 1.2610