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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-07-18
Resistance and Support Level Explanation
Resistance 1.3110 H1
Support 1.3050 H1

GBPUSD, H1: GBPUSD extended gains following prior rebound from the strong support level of 1.3050. Recent closure above the 20-MA (red) suggest GBPUSD to advance towards the target of resistance level at 1.3110.

 

Resistance level: 1.3110, 1.3165

Support level: 1.3050, 1.2990