GCMAsia - GBPUSD
GBPUSD
2017-07-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.3045 | Daily |
| Support | 1.2970 | Daily |
GBPUSD, Daily: GBPUSD remained hovered near the previous high at 1.3045 following prior closure above the 60-moving average line (green). As both MA line continues to narrow upwards, GBPUSD is expected to extend its gains after successfully closing above the resistance level of 1.3045.
Resistance level: 1.3045, 1.3120
Support level: 1.2970, 1.2825