GCMAsia - GBPUSD

GBPUSD
2018-06-12
| Resistance and Support | Level | Explanation |
| Resistance | 1.3375 | H1 |
| Support | 1.3350 | H1 |

GBPUSD, H1: GBPUSD remains traded within a descending channel while currently testing the lower level. MACD histogram which illustrate death cross formation suggests the pair to extend its losses after breaking the support level at 1.3350.
Resistance level: 1.3375, 1.3410
Support level: 1.3350, 1.3320