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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-06-20
Resistance and Support Level Explanation
Resistance 1.3185 H4
Support 1.3140 H4

GBPUSD, H4: GBPUSD extended its losses following prior breakout from the support level at 1.3235. Both MA lines which continues to expand downward suggests the pair to extend its bearish momentum, towards the direction of 1.3140.

 

Resistance level: 1.3185, 1.3235

Support level: 1.3140, 1.3050