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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-04-13
Resistance and Support Level Explanation
Resistance 1.4240 H1
Support 1.4190 H1

GBPUSD, H1: GBPUSD was traded higher following breakout at resistance level 1.4190. However, MACD that displays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower.

Resistance level: 1.4240, 1.4270

Support level: 1.4190, 1.4160