GCMAsia - GBPUSD

GBPUSD
2018-07-06
| Resistance and Support | Level | Explanation |
| Resistance | 1.3260 | H1 |
| Support | 1.3210 | H1 |

GBPUSD, H1: GBPUSD was traded lower following prior retrace from the resistance level at 1.3260. MACD histogram which illustrate persistent downward signal suggests further bearish bias. However, a close below 1.3210 is required to attain further confirmation.
Resistance level: 1.3260, 1.3310
Support level: 1.3210, 1.3145