GBPUSD, H4: GBPUSD remain traded in a sideway channel following recent retracement from the resistance level 1.4195. However, MACD which illustrate diminishing bullish momentum signal suggest the pair to be extend its retracement in short term towards the support level 1.4100.
Resistance level: 1.4195, 1.4275
Support level: 1.4100, 1.4020