GCMAsia - GBPUSD
GBPUSD
2017-10-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3260 | Daily |
| Support | 1.3020 | Daily |
GBPUSD, Daily: GBPUSD extended its losses following prior closure below the 20-MA line (red). Signal line from MACD histogram which continues to expand downwards suggests the pair to advance further down and retest at the support level of 1.3020.
Resistance level: 1.3260, 1.3450
Support level: 1.3020, 1.2820