GCMAsia - GBPUSD

GBPUSD
2017-11-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.3120 | Daily |
| Support | 1.3020 | Daily |

GBPUSD, Daily: GBPUSD has breakout from the bottom level of sideways channel, signifying a change in trend direction to move further downwards. Such price action suggests the pair to extend its losses towards the upward trend line near the support level of 1.3020.
Resistance level: 1.3120, 1.3260
Support level: 1.3020, 1.2820