83% of retail investor accounts lose money when trading CFDs with this provider.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-09-11
Resistance and Support Level Explanation
Resistance 1.3265 Daily
Support 1.3110 Daily

GBPUSD, Daily: GBPUSD remains traded within an upward channel following prior rebound near the bottom level of the channel. Both MA lines which continues to narrow upwards suggests GBPUSD to extend its gains towards the next target at 1.3265.

 

Resistance level: 1.3265, 1.3450

Support level: 1.3110, 1.2965