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GCMAsia - GBPUSD
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