GCMAsia - GBPUSD
GBPUSD
2018-04-11
| Resistance and Support | Level | Explanation |
| Resistance | 1.4190 | H1 |
| Support | 1.4160 | H1 |
GBPUSD, H1: GBPUSD was traded higher within an ascending wedge after breaking resistance level at 1.4160. However, negative divergence as portrays by MACD signal line would suggest the pair to undergo short-term technical correction to extend its losses towards its previous high.
Resistance level: 1.4190, 1.4240
Support level: 1.4160, 1.4120