GCMAsia - GBPUSD

GBPUSD
2017-10-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.3175 | H4 |
| Support | 1.3025 | H4 |

GBPUSD, H4: GBPUSD was traded lower prior its retracement from resistance level at 1.3175. However, upward slope as portrayed by MACD signal line suggests the pair on higher tendency to trade higher, testing back the said resistance level.
Resistance level: 1.3175, 1.3240
Support level: 1.3025, 1.2940