GCMAsia - GBPUSD
GBPUSd
2017-07-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.2970 | H4 |
| Support | 1.2900 | H4 |
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the support level of 1.2900. In short-term, GBPUSD is expected to experience retracements and oscillate in between the range of 1.2900 and 1.2970. Otherwise, its long-term trend direction will be determined after breaking either side of the range.
Resistance level: 1.2970, 1.3030
Support level: 1.2900, 1.2850