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GCMAsia - GBPUSD
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