GCMAsia - GBPUSD
GBPUSD
2018-04-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.4190 | H4 |
| Support | 1.4160 | H4 |
GBPUSD, H4: GBPUSD was traded lower following its failure to break resistance level at 1.4190. Death-cross as displayed by MACD signal line would suggest the pair to undergo short-term technical correction to trade lower towards the support level at 1.4160.
Resistance level: 1.4190, 1.4240
Support level: 1.4160, 1.4120