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230518 GBPUSD

by | May 23, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-05-23
Resistance and Support Level Explanation
Resistance 1.3450 H1
Support 1.3400 H1

GBPUSD, H1: GBPUSD was traded lower prior breaking support level at 1.3450. MACD signal line that portrays weakness of bullish momentum would suggest the pair to extend its losses if breakout at the trend line of ascending triangle is successful.

Resistance level: 1.3450, 1.3510

Support level: 1.3400, 1.3330