GCMAsia - GBPUSD

GBPUSD
2017-06-13
| Resistance and Support | Level | Explanation |
| Resistance | 1.2795 | Daily |
| Support | 1.2640 | Daily |

GBPUSD, Daily: GBPUSD remained under pressure as both moving average line continues to narrow downwards. MACD histogram which illustrates a significant downward signal and momentum suggests GBPUSD to extend its downtrend after breaking the support level of 1.2640.
Resistance level: 1.2795, 1.3045
Support level: 1.2640, 1.2515