GCMAsia - GBPUSD
GBPUSD
2017-06-02
| Resistance and Support | Level | Explanation |
| Resistance | 1.2890 | H1 |
| Support | 1.2850 | H1 |
GBPUSD, H1: GBPUSD remained traded within a narrowing triangle following prior retracement from the top level. A closure below the 20-moving average line (red) would suggest GBPUSD to move further down, towards the target of support level at 1.2850.
Resistance level: 1.2890, 1.2930
Support level: 1.2850, 1.2815