GCMAsia - GBPUSD

GBPUSD
2017-07-18
| Resistance and Support | Level | Explanation |
| Resistance | 1.3110 | H1 |
| Support | 1.3050 | H1 |

GBPUSD, H1: GBPUSD extended gains following prior rebound from the strong support level of 1.3050. Recent closure above the 20-MA (red) suggest GBPUSD to advance towards the target of resistance level at 1.3110.
Resistance level: 1.3110, 1.3165
Support level: 1.3050, 1.2990