GCMAsia - GBPUSD
GBPUSD
2017-08-23
| Resistance and Support | Level | Explanation |
| Resistance | 1.2850 | H4 |
| Support | 1.2790 | H4 |
GPBUSD, H4: GPBUSD extended its losses following recent breakthrough from the strong support level of 1.2850. Such price action suggests further downside bias for GBPUSD to extend downward momentum towards the next target at 1.2790.
Resistance level: 1.2850, 1.2900
Support level: 1.2790, 1.2720