GCMAsia - GBPUSD
GBPUSD
2017-07-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3050 | H1 |
| Support | 1.3000 | H1 |
GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level of 1.3050. Recent formation of death cross by both MA line suggests GBPUSD to extend its losses towards the target of support level at 1.3000.
Resistance level: 1.3050, 1.3085
Support level: 1.3000, 1.2965