GCMAsia - GBPUSD
GBPUSD
2017-08-24
| Resistance and Support | Level | Explanation |
| Resistance | 1.2850 | H4 |
| Support | 1.2790 | H4 |
GBPUSD, H4: GBPUSD has extended its losses while currently testing near the support level of 1.2790. Both MA lines which continues to expand downwards suggests further downside bias after successfully closing below the target of 1.2790.
Resistance level: 1.2850, 1.2900
Support level: 1.2790, 1.2720