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200718 GBPUSD

by | Jul 20, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-07-20
Resistance and Support Level Explanation
Resistance 1.3070 H1
Support 1.3000 H1

GBPUSD, H1: GBPUSD remains traded within a descending channel while currently testing at the top level. Although MACD and Stochastic Oscillator illustrate bullish signal, a break above is required to attain further verification.

 

Resistance level: 1.3070, 1.3130

Support level: 1.3000, 1.2900