GCMAsia - GBPUSD
GBPUSD
2017-06-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.2790 | H4 |
| Support | 1.2730 | H4 |
GBPUSD, H4: GBPUSD was traded higher following prior rebound from the strong support level at 1.2635. MACD indicator which continues to hover outside of downward momentum suggests GBPUSD to extend its retracement period and move further up towards the target of resistance level at 1.2790.
Resistance level: 1.2790, 1.2840
Support level: 1.2730, 1.2635