GCMAsia - GBPUSD
GBPUSD
2017-10-31
| Resistance and Support | Level | Explanation |
| Resistance | 1.3220 | H4 |
| Support | 1.3115 | H4 |
GBPUSD, H4: GBPUSD remains traded within a downward channel while currently testing at the resistance level of 1.3220. A failure to close above this level would suggest the pair to extend its losses, in tandem with the ongoing downward channel trend thereafter.
Resistance level: 1.3220, 1.3260
Support level: 1.3115, 1.3020