GCMAsia - GBPUSD
GBPUSD
2017-08-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.3015 | H4 |
| Support | 1.2950 | H4 |
GBPUSD, H4: GBPUSD remained traded within a tight range while currently testing at the bottom level near 1.2950. Both MA lines which begins to expand downward suggests possibility for a breakout at the bottom level to occur and signal a change in trend direction to extend its losses thereafter.
Resistance level: 1.3015, 1.3060
Support level: 1.2950, 1.2900