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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-08-01
Resistance and Support Level Explanation
Resistance 1.3200 H4
Support 1.3150 H4

GBPUSD, H4: GBPUSD rebounded sharply from the bottom level of rising wedge while currently testing at the top level. A successful closure outside of the top level would signal a change in trend direction to extend its gains towards the next target at 1.3250.

 

Resistance level: 1.3200, 1.3250, 1.3300

Support level: 1.3150, 1.3100