GCMAsia - GBPUSD
GBPUSD
2017-07-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.2970 | H4 |
| Support | 1.2910 | H4 |
GBPUSD, H4: GBPUSD was thinly traded near the strong resistance level of 1.2970 following prior closure above the 20-moving average line (red). MACD histogram which begins to form upward signal suggests GBPUSD to extend its upward momentum after closing above the level of 1.2970.
Resistance level: 1.2970, 1.3030
Support level: 1.2910, 1.2850