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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-09-25
Resistance and Support Level Explanation
Resistance 1.3560 Daily
Support 1.3220 Daily

GBPUSD, Daily: GBPUSD was traded higher following prior rebound while currently testing near the resistance level of 1.3560. Both MA lines which continues to expand further up after the formation of golden cross suggest the pair to extend its gains after closing above the target of 1.3560.

 

Resistance level: 1.3560, 1.3905

Support level: 1.3220, 1.2795