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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-07-30
Resistance and Support Level Explanation
Resistance 1.3170 Daily
Support 1.3045 Daily

GBPUSD, Daily: GBPUSD remains traded within a descending channel following prior retracement from the top level. MACD histogram which begins to form bearish signal may suggests the pair to be traded lower in short-term, towards the direction of support level near 1.3045.

 

Resistance level: 1.3170, 1.3300

Support level: 1.3045, 1.2890