GCMAsia - GBPUSD

GBPUSD
2017-10-03
| Resistance and Support | Level | Explanation |
| Resistance | 1.3285 | H4 |
| Support | 1.3190 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior closure below the support level of 1.3285. Both MA line which continues to expand downwards, in tandem with MACD histogram which illustrate downward signal suggest the pair to advance towards the next target at 1.3190.
Resistance level: 1.3285, 1.3405
Support level: 1.3190, 1.3090