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GCMAsia -GBPUSD
GBPUSD
GBPUSD
2017-11-09
Resistance and Support Level Explanation
Resistance 1.3120 H4
Support 1.3050 H4

GBPUSD, H4: GBPUSD is currently testing back the previous high after breaking below it. Successful closure of candlestick above the current resistance level at 1.3120 would further suggest the pair to trade higher toward the next resistance level at 1.3170 and vice versa.

Resistance level: 1.3120, 1.3170

Support level: 1.3050, 1.2980