GCMAsia - GBPUSD

GBPUSD
2018-10-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.3145 | H1 |
| Support | 1.3100 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retracement from the resistance level near 1.3145. MACD which illustrate diminishing upward momentum suggests the pair to be traded lower in short-term as technical correction.
Resistance level: 1.3145, 1.3200
Support level: 1.3100, 1.3055