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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-07-14
Resistance and Support Level Explanation
Resistance 1.2970 H4
Support 1.2925 H4

GBPUSD, H4: GBPUSD has recently broke out from the top level of downward channel, signaling a change in trend direction to move further upwards. MACD histogram which illustrate substantial upward signal suggests GBPUSD to advance further up towards the resistance level of 1.2970.

 

Resistance level: 1.2970, 1.3030

Support level: 1.2925, 1.2860