GCMAsia - 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