GCMAsia - GBPUSD
GBPUSD
2018-05-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.3600 | Daily |
| Support | 1.3445 | Daily |
GBPUSD, Daily: GBPUSD extended losses following prior breakout near the support level of 1.3600. MACD histogram which illustrate some diminished downward momentum may suggest the pair to be traded higher in short-term as technical correction before advancing further down in conjunction with current bearish major trend.
Resistance level: 1.3600, 1.3785
Support level: 1.3445, 1.3300