GCMAsia - GBPUSD
GBPUSD
2017-08-04
| Resistance and Support | Level | Explanation |
| Resistance | 1.3160 | H4 |
| Support | 1.3090 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior plunge while closing below the 20-MA line (red). MACD histogram which illustrates negative divergence suggests an extension of losses towards the next target at 1.3090.
Resistance level: 1.3160, 1.3200
Support level: 1.3090, 1.3040