GCMAsia - GBPUSD
GBPUSD
2017-07-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.2970 | Daily |
| Support | 1.2830 | Daily |
GBPUSD, Daily: GBPUSD were traded higher following prior rebound from the 60-moving average line (green). Both MA lines which continues to narrow upwards suggests GBPUSD to extend its gains towards the target of resistance level at 1.2970.
Resistance level: 1.2970, 1.3045
Support level: 1.2830, 1.2710