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GCMASIA - GBPUSD
GBPUSD
GBPUSD
2017-03-24
Resistance and Support Level Explanation
Resistance 1.2500 H1
Support 1.2460 H1

GBPUSD, H1: GBPUSD was traded lower following a retrace from the previous high of 1.2530 while recently testing near the 60-moving average line (green). A successful closure below this line would suggest GBPUSD to advance further down towards the target support level of 1.2460.

 

Resistance level: 1.2500, 1.2530

Support level: 1.2460, 1.2430