GCMAsia - GBPUSD
GBPUSD
2017-09-07
| Resistance and Support | Level | Explanation |
| Resistance | 1.3075 | H4 |
| Support | 1.3020 | H4 |
GBPUSD, H4: GBPUSD was traded lower following a retracement from the resistance level of 1.3075. MACD histogram which shows diminishing upward momentum suggests GBPUSD to be traded lower in short-term as technical correction. Next target at 1.3020.
Resistance level: 1.3075, 1.3160
Support level: 1.3020, 1.2960