GCMAsia - GBPUSD
GBPUSD
2017-04-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.2805 | H1 |
| Support | 1.2750 | H1 |
GBPUSD, H1: GBPUSD remains traded within a narrowing triangle following prior retracement from the top level of the triangle. It is expected to advance further down, towards the lower level of the triangle in short-term. Long-term trend direction could only be determined after a successful breakout from either side of the triangle.
Resistance level: 1.2805, 1.2860
Support level: 1.2750, 1.2700