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GCMAsia - GBPUSD
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