GCMAsia - GBPUSD

GBPUSD
2017-10-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.3315 | H4 |
| Support | 1.3175 | H4 |

GBPUSD, H4: GBPUSD was traded higher prior its rebound from support level at 1.3175. The pair is currently testing resistance by 200-MA line and resistance level at 1.3240. Successful closure above the said resistance level will further suggest the pair to gain its momentum to trade higher toward the next resistance level at 1.3315.
Resistance level: 1.3315, 1.3330
Support level: 1.3175, 1.3025