GCMAsia - GBPUSD
GBPUSD
2017-07-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.2970 | H4 |
| Support | 1.2925 | H4 |
GBPUSD, H4: GBPUSD extended its losses following prior retracement from the recent high of 1.3030. Recent closure below the 20-moving average line (red) suggests further downward bias for GBPUSD to extend its losses towards the support level of 1.2925.
Resistance level: 1.2970, 1.3030
Support level: 1.2925, 1.2860