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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-07-25
Resistance and Support Level Explanation
Resistance 1.3180 H4
Support 1.3130 H4

GBPUSD, H4: GBPUSD extended gains following prior rebound and a close above 1.3130. Although both MA line and MACD illustrate bullish signal, a breakout from the downward trendline is required to obtain further clarification with regards to the upside bias.

 

Resistance level: 1.3180, 1.3270

Support level: 1.3130, 1.3070