GCMAsia - GBPUSD
GBPUSD
2017-08-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3030 | H4 |
| Support | 1.2980 | H4 |
GBPUSD, H4: GBPUSD extended its losses following prior closure below the 50.0 Fibonacci level of 1.3030. Both MA lines which continues to expand downwards suggests GBPUSD to advance further down after closing below the support level of 1.2980.
Resistance level: 1.3030, 1.3080
Support level: 1.2980, 1.2905