GCMAsia - GBPUSD
GBPUSD
2017-08-22
| Resistance and Support | Level | Explanation |
| Resistance | 1.2905 | H1 |
| Support | 1.2875 | H1 |
GBPUSD, H1: GPBUSD remains traded within a range following prior retracement from the strong resistance level of 1.2905. A closure below the 20-MA line (red) would suggest further downside bias for GBPUSD to advance towards the support level of 1.2875.
Resistance level: 1.2905, 1.2940
Support level: 1.2875, 1.2845, 1.2810