GCMAsia - GBPUSD
GBPUSD
2018-03-19
| Resistance and Support | Level | Explanation |
| Resistance | 1.3970 | Daily |
| Support | 1.3800 | Daily |
GBPUSD, Daily: GBPUSD was traded higher following prior breakout from the top level of descending triangle. However, MACD histogram which illustrate diminishing upward momentum may suggests the pair to be traded lower in short-term as technical correction after closing below the 60-MA line (green).
Resistance level: 1.3970, 1.4210
Support level: 1.3800, 1.3600