GCMAsia - GBPUSD
GBPUSD
2017-07-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.3100 | H4 |
| Support | 1.3050 | H4 |
GBPUSD, H4: GBPUSD remains traded within a narrowing upward channel following prior rebound from the bottom level. Stochastic Oscillator which begins to form a rebound signal from oversold region suggests further upside bias for GBPUSD to advance towards 1.3100.
Resistance level: 1.3100, 1.3160
Support level: 1.3050, 1.3000