GCMAsia - GBPUSD

GBPUSD
2018-03-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.3980 | H4 |
| Support | 1.3890 | H4 |

GBPUSD, H4: GBPUSD was traded higher prior breaking resistance by 200-MA line and the pair is currently testing the resistance level at 1.3980. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if breakout at the said resistance level is successful.
Resistance level: 1.3980, 1.4050
Support level: 1.3890, 1.3800