GCMAsia - GBPUSD
GBPUSD
2017-05-05
| Resistance and Support | Level | Explanation |
| Resistance | 1.2910 | H1 |
| Support | 1.2895 | H1 |
GBPUSD, H1: GBPUSD remains traded within a downward channel after retracing from the top level of the channel. A closure below the 20-moving average line (red) would suggest GBPUSD to advance further down, towards the target of support level at 1.2895.
Resistance level: 1.2910, 1.2930
Support level: 1.2895, 1.2880