GCMAsia - GBPUSD
GBPUSD
2018-03-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.3900 | H4 |
| Support | 1.3790 | H4 |
GBPUSD, H4: GBPUSD was traded lower following its failure to break resistance level at 1.3900. The pair is currently testing the support level at 1.3790. MACD histogram that portrays increasing bearish momentum would suggest GBPUSD to extend its losses if closure of candlestick below the said support level is successful.
Resistance level: 1.3900, 1.4000
Support level: 1.3790, 1.3650