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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-09-18
Resistance and Support Level Explanation
Resistance 1.3900 Weekly
Support 1.3560 Weekly

GBPUSD, Weekly: GBPUSD skyrocketed while recently closed above the 50.0 Fibonacci level of 1.3560. MACD indicator which illustrate substantial upward momentum suggests the pair to extend its gains, towards the next target at 1.3900.

 

Resistance level: 1.3900, 1.4395

Support level: 1.3560, 1.3220