GCMAsia - GBPUSD

GBPUSD
2018-03-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.3990 | H4 |
| Support | 1.3890 | H4 |

GBPUSD, H4: GBPUSD was traded higher after breaking resistance level at 1.3890. MACD histogram that portrays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower before extending its gains.
Resistance level: 1.3990, 1.4050
Support level: 1.3890, 1.3790