GCMAsia - GBPUSD
![GBPUSD](https://www.gcmasia.co/analysis/en/wp-content/uploads/sites/2/2016/10/GBP4.png)
GBPUSD
2017-06-20
Resistance and Support | Level | Explanation |
Resistance | 1.2790 | H4 |
Support | 1.2730 | H4 |
GBPUSD, H4: GBPUSD has recently broke out from the bottom level of ascending triangle, signaling a change in trend direction to move further downwards. A successful closure below the support level of 1.2730 would signal further downward bias towards the next target at 1.2690.
Resistance level: 1.2790, 1.2840
Support level: 1.2730, 1.2690