GCMAsia - GBPUSD
GBPUSD
2017-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.2380 | Daily |
| Support | 1.2285 | Daily |
GBPUSD, Daily: GBPUSD remains traded within a narrowing triangle following prior retracement and closure below both moving average line while currently testing near the resistance level of 1.2380. A retrace from this level would suggest GBPUSD to advance further down, towards the lower level of the triangle.
Resistance level: 1.2380, 1.2470
Support level: 1.2285, 1.2170