GCMAsia - 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