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030718 GBPUSD

by | Jul 3, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-07-03
Resistance and Support Level Explanation
Resistance 1.3150 H1
Support 1.3100 H1

GBPUSD, H1: GBPUSD remains traded within a narrowing triangle while recently retraced from the mid-level. Both MA line and Stochastic Oscillator which illustrate bearish signal suggests the pair to extend its losses in short-term, towards the lower level of the triangle.

 

Resistance level: 1.3150, 1.3185

Support level: 1.3100, 1.3050