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010618 GBPUSD

by | Jun 1, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-06-01
Resistance and Support Level Explanation
Resistance 1.3300 H1
Support 1.3260 H1

GBPUSD, H1: GBPUSD was traded lower following prior breakout from the mini upward trendline. MACD histogram which begins to illustrate increasing downward momentum suggests the pair to extend its losses after closing below the 60-MA line (green).

 

Resistance level: 1.3300, 1.3345

Support level: 1.3260, 1.3220