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GCMAsia -GBPUSD
GBPUSD
GBPUSD
2017-11-01
Resistance and Support Level Explanation
Resistance 1.3275 Daily
Support 1.3210 Daily

GBPUSD, Daily: GBPUSD was traded higher after breaking resistance level at 1.3210. The pair is currently testing the next resistance level at 1.3275. Successful closure above the said resistance level coupled with upward slope of MACD histogram suggest the pair to extend its gains toward the next target at 1.3430.

Resistance level: 1.3275, 1.3430

Support level: 1.3210, 1.3065