GCMAsia - GBPUSD

GBPUSD
2017-07-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.3120 | Daily |
| Support | 1.2970 | Daily |

GBPUSD, Daily: GBPUSD was traded higher following prior rebound from the support level of 1.2970. Rebound signal from oversold level as seen from the Stochastic Oscillator suggests GBPUSD to extend its gains towards the resistance level of 1.3120.
Resistance level: 1.3120, 1.3260
Support level: 1.2970, 1.2830