GCMAsia - GBPUSD
GBPUSD
2017-04-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.2855 | H4 |
| Support | 1.2810 | H4 |
GBPUSD, H4: GBPUSD remains traded within a sideways channel while currently testing at the top of the channel. A breakout from this level would signal a change in trend direction to move further upwards. Otherwise, a retrace would suggest GBPUSD to be traded lower within the channel thereafter.
Resistance level: 1.2855, 1.2905
Support level: 1.2810, 1.2770, 1.2700