GCMAsia - GBPUSD
GBPUSD
2017-07-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.2925 | H4 |
| Support | 1.2860 | H4 |
GBPUSD, H4: GBPUSD were thinly traded following prior extension of losses due to the formation of death cross by both MA lines. A successful closure below the strong support level of 1.2860 would suggest GBPUSD to extend its losses.
Resistance level: 1.2925, 1.2970
Support level: 1.2860, 1.2800