GCMAsia - GBPUSD

GBPUSD
2018-07-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.3235 | H1 |
| Support | 1.3200 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level at 1.3280. However, MACD histogram which illustrate bearish signal suggests the pair to extend its losses after closing below the 60-MA line (green).
Resistance level: 1.3235, 1.3280
Support level: 1.3200, 1.3165