GCMAsia - GBPUSD

GBPUSD
2019-01-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.3100 | H4 |
| Support | 1.3015 | H4 |

GBPUSD, H4: GBPUSD was traded higher while currently testing near the resistance level 1.3100. MACD which display diminishing bullish momentum suggest the pair to undergo short-term technical correction and retrace towards the support level 1.3015.
Resistance level: 1.3100, 1.3200
Support level: 1.3015, 1.2930