GCMAsia - GBPUSD
GBPUSD
2017-05-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.3045 | Daily |
| Support | 1.2975 | Daily |
GBPUSD, Daily: GBPUSD was traded lower while remained hovering near the 23.6 Fibonacci level of 1.2795. However, as the MACD histogram continues to illustrate substantial downward signal, a successful closure below the support level of 1.2795 would suggest GBPUSD to move further downwards.
Resistance level: 1.3045, 1.3180
Support level: 1.2975, 1.2640