GCMAsia - GBPUSD

GBPUSD
2018-06-08
| Resistance and Support | Level | Explanation |
| Resistance | 1.3460 | H4 |
| Support | 1.3410 | H4 |

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the threshold of 1.3460. MACD histogram which has formed a death cross signal suggests the pair to be traded lower in short-term as technical correction after closing below the support level of 1.3410.
Resistance level: 1.3460, 1.3530
Support level: 1.3410, 1.3360