GCMAsia - GBPUSD

GBPUSD
2017-10-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.3280 | H1 |
| Support | 1.3225 | H1 |

GBPUSD, H1: GBPUSD was traded higher prior its rebound from support level at 1.3225. The pair is currently traded within descending triangle suggesting a breakout is needed to determine its price movement in the nearer term.
Resistance level: 1.3280, 1.3330
Support level: 1.3225, 1.3175