GCMAsia - GBPUSD
GBPUSD
2017-08-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.2900 | H4 |
| Support | 1.2850 | H4 |
GBPUSD, H4: GBPUSD was traded higher following prior rebound from currently testing at the resistance level of 1.2900. A successful closure above this level would suggest further upside bias for GBPUSD to extend its gains towards the subsequent target at 1.2950.
Resistance level: 1.2900, 1.2950
Support level: 1.2850, 1.2790