GCMAsia - GBPUSD
GBPUSD
2017-07-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.3000 | H4 |
| Support | 1.2920 | H4 |
GBPUSD, H4: GBPUSD remains traded within an upward channel following prior retracement from the top level. Both MA line which continues to narrow downward suggests GBPUSD to extend its losses towards the bottom level of the channel after a successful closure below the 60-MA line (green).
Resistance level: 1.3000, 1.3050
Support level: 1.2920, 1.2855