GCMAsia - GBPUSD

GBPUSD
2017-10-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.3285 | H1 |
| Support | 1.3230 | H1 |

GBPUSD, H1: GBPUSD was traded higher following prior rebound near the support level of 1.3230. Recent bullish closure above the 20-MA line (red) suggests short-term bias for the pair to be traded higher and head towards the resistance level of 1.3285.
Resistance level: 1.3285, 1.3405
Support level: 1.3230, 1.3190