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190517 GBPUSD

by | May 19, 2017 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-05-19
Resistance and Support Level Explanation
Resistance 1.2985 H4
Support 1.2925 H4

GBPUSD, H4: GBPUSD remains traded within an upward channel following prior retracement from the top level of the channel. A closure below the support level of 1.2925 would suggest GBPUSD to move further down and test near the lower level of the channel.

 

Resistance level: 1.2985, 1.3045

Support level: 1.2925, 1.2865