GCMAsia - GBPUSD

GBPUSD
2018-07-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.3235 | H1 |
| Support | 1.3200 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the strong resistance at 1.3280. Both MA line which continues to expand downwards suggests the pair to extend its losses after closing below 1.3200.
Resistance level: 1.3235, 1.3280
Support level: 1.3200, 1.3165