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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-06-30
Resistance and Support Level Explanation
Resistance 1.3045 H4
Support 1.2970 H4

GBPUSD, H4: GBPUSD extended its rally following prior closure above the resistance level of 1.2970. Both moving average line which continues to expand upwards suggests GBPUSD to advance towards the target of resistance level at 1.3045.

 

Resistance level: 1.3045, 1.3120

Support level: 1.2970, 1.2890