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GCMAsia - GBPUSD
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