GCMASIA - 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