GCMAsia - GBPUSD

GBPUSD
2017-07-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.3045 | H1 |
| Support | 1.3025 | H1 |

GBPUSD, H1: GBPUSD remains traded within an upward channel while currently testing at the bottom level. A breakout from this level would signal an extension of downtrend, towards the next target at 1.3000. Otherwise, a rebound would suggest GBPUSD to be traded higher in short-term within the upward channel.
Resistance level: 1.3045, 1.3080
Support level: 1.3025, 1.3000