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