GCMAsia - GBPUSD
GBPUSD
2018-04-10
| Resistance and Support | Level | Explanation |
| Resistance | 1.4160 | H1 |
| Support | 1.4110 | H1 |
GBPUSD, H1: GBPUSD was traded higher prior gaining its support above 23.6 Fibonacci level. Formation of pin bar candlestick and diminishing bearish momentum as displayed by MACD histogram would suggest the pair to extend its gains towards the resistance level at 1.4160.
Resistance level: 1.4160, 1.4240
Support level: 1.4110, 1.4080