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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-07-27
Resistance and Support Level Explanation
Resistance 1.3160 H4
Support 1.3100 H4

GBPUSD, H4: GBPUSD extended gains following prior rebound from the 20-MA line (red) while closing above the threshold of 1.3100. It is suggested to advance further up, towards the upper level of the upward channel at next target of 1.3160.

 

Resistance level: 1.3160, 1.3210

Support level: 1.3100, 1.3050