GCMAsia - GBPUSD

GBPUSD
2018-04-09
| Resistance and Support | Level | Explanation |
| Resistance | 1.4240 | Daily |
| Support | 1.4000 | Daily |

GBPUSD, Daily: GBPUSD remained traded within an uptrend following prior rebound from the trendline near 1.4000. Diminishing downward momentum as illustrated by MACD histogram suggests the pair to extend its gains in short-term, towards the direction of 1.4240.
Resistance level: 1.4240, 1.4430
Support level: 1.4000, 1.3800