GBPUSD, H4: GBPUSD was traded higher following prior rebound from the psychological support of 1.3400. MACD histogram which illustrate diminishing downward momentum may suggests the pair to be traded higher in short-term as technical correction before extending its losses in tandem with the current major downward trendline.
Resistance level: 1.3505, 1.3600
Support level: 1.3400, 1.3245