GCMAsia - GBPUSD
GBPUSD
2017-04-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.2810 | H1 |
| Support | 1.2770 | H1 |
GBPUSD, H1: GBPUSD remains traded within a sideways channel while currently testing at the bottom level of the channel at 1.2770. A breakout from this level would signal a change in trend direction to move further downwards. Otherwise, a rebound would suggest GBPUSD to be traded higher in the short-term within the sideways channel.
Resistance level: 1.2810, 1.2845, 1.2905
Support level: 1.2770, 1.2735