GCMAsia - GBPUSD

GBPUSD
2017-06-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.2965 | H1 |
| Support | 1.2940 | H1 |

GBPUSD, H1: GBPUSD remained traded within an upward channel while currently testing at the top level. Stochastic Oscillator illustrates a retrace signal from overbought level suggests GBPUSD to advance further down, towards the lower level of the channel after breaking the support level of 1.2940.
Resistance level: 1.2965, 1.2990
Support level: 1.2940, 1.2910