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040718 GBPUSD

by | Jul 4, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-07-04
Resistance and Support Level Explanation
Resistance 1.3235 H1
Support 1.3185 H1

GBPUSD, H1: GBPUSD was traded higher following prior breakout from the top level of narrowing triangle. Recent price action while couples with both MA line which shows bullish signal suggests the pair to extend its gains, towards the direction of resistance level at 1.3235.

 

Resistance level: 1.3235, 1.3290

Support level: 1.3185, 1.3150