GCMASIA - GBPUSD
GBPUSD
2017-03-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2550 | H1 |
| Support | 1.2435 | H1 |
GBPUSD, H1: GBPUSD was traded higher following recent rebound from the 20-moving average line (red). It is expected to advance further upwards and retest at the strong resistance level of 1.2500. A closure above this level would signal the extension of upward momentum for GBPUSD.
Resistance level: 1.2550, 1.2500
Support level: 1.2435, 1.2380