GCMAsia - 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