GCMAsia - GBPUSD
GBPUSD
2017-10-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.3175 | H4 |
| Support | 1.3025 | H4 |
GBPUSD, H4: GBPUSD was traded lower prior breaking below 200-MA line and support level at 1.3175. Downward slope of MACD signal line suggests further increasing momentum for the pair to trade lower toward the next support level at 1.3025.
Resistance level: 1.3175, 1.3240
Support level: 1.3025, 1.2940