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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-04-04
Resistance and Support Level Explanation
Resistance 1.4080 H4
Support 1.4010 H4

GBPUSD, H4: GBPUSD was traded in consolidation between resistance level at 1.4080 and support level at 1.4010. Absence of significant signals from both candlestick pattern and MACD would suggest to wait for confirmation breakout to grasp the next direction of the pair in near term.

Resistance level: 1.4080, 1.4130

Support level: 1.4010, 1.3910