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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2017-06-29
Resistance and Support Level Explanation
Resistance 1.2970 Daily
Support 1.2825 Daily

GBPUSD, Daily: GBPUSD has recently closed above the 60-moving average line (green) while currently testing near the resistance level of 1.2970. MACD histogram which illustrates upward signal suggests GBPUSD to advance further up after breaking the resistance level at 1.2970.

 

Resistance level: 1.2970, 1.3050

Support level: 1.2825, 1.2690