GCMAsia - GBPUSD

GBPUSD
2017-06-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2710 | H4 |
| Support | 1.2630 | H4 |

GBPUSD, H4: GBPUSD remained traded within a downward channel while recently closed above the 20-moving average line (red). It is suggested to be traded higher, towards the top level of the channel after a successful closure above the resistance level of 1.2710.
Resistance level: 1.2710, 1.2800
Support level: 1.2630, 1.2550