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GCMAsia - GBPUSD
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