GCMAsia - GBPUSD
GBPUSD
2018-03-15
| Resistance and Support | Level | Explanation |
| Resistance | 1.4070 | Daily |
| Support | 1.3780 | Daily |
GBPUSD, D1: GBPUSD was traded higher prior breaking trend line of descending triangle. Successful closure of the candlestick above the trend line and MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains towards the resistance level at 1.4070.
Resistance level: 1.4070, 1.4340
Support level: 1.3780, 1.3590