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080518 GBPUSD

by | May 8, 2018 | GBP/USD | 0 comments

GCMAsia - EURUSD
GBPUSD
GBPUSD
2018-05-08
Resistance and Support Level Explanation
Resistance 1.3600 H4
Support 1.3440 H4

GBPUSD, H4: GBPUSD was traded lower after breaking support level at 1.3600. However, MACD that shows increasing bullish momentum would suggest the pair to trade higher towards the resistance level at 1.3600.

Resistance level: 1.3600, 1.3780

Support level: 1.3440, 1.3270