GCMAsia - GBPUSD
GBPUSD
2018-03-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.4100 | H4 |
| Support | 1.4060 | H4 |
GBPUSD, H4: GBPUSD was traded lower prior breaking support level at 1.4100. The pair is currently testing the next support level at 1.4060. MACD histogram that portrays increasing bearish momentum would suggest the pair to extend its losses if closure of candlestick below the said support level is successful.
Resistance level: 1.4100, 1.4130
Support level: 1.4060, 1.4020