GCMAsia - GBPUSD

GBPUSD
2018-06-14
| Resistance and Support | Level | Explanation |
| Resistance | 1.3375 | H1 |
| Support | 1.3350 | H1 |

GBPUSD, H1: GBPUSD remains traded within a descending channel following prior retracement from the top level. Both MACD histogram and Stochastic Oscillator which illustrate bearish signal suggests the pair to extend its losses in short-term after closing below the 20-MA line (green).
Resistance level: 1.3375, 1.3410
Support level: 1.3350, 1.3320