GCMAsia - GBPUSD

GBPUSD
2017-07-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.2860 | H4 |
| Support | 1.2800 | H4 |

GBPUSD, H4: GBPUSD remains traded within a downward channel while currently testing near the bottom level. A breakout from this level would signal a change in trend direction for GBPUSD to extend its losses thereafter.
Resistance level: 1.2860, 1.2925
Support level: 1.2800, 1.2755