GCMAsia - GBPUSD

GBPUSD
2018-05-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.3600 | Daily |
| Support | 1.3445 | Daily |

GBPUSD, Daily: GBPUSD was traded higher following prior rebound near the support level at 1.3445. MACD histogram which illustrate the formation of golden cross signal may suggests the pair to be traded higher in short-term as technical correction before extending its bearish bias thereafter.
Resistance level: 1.3600, 1.3785
Support level: 1.3445, 1.3300