GCMAsia - GBPUSD
GBPUSD
2018-05-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.3500 | H1 |
| Support | 1.3440 | H1 |
GBPUSD, H1: GBPUSD was traded higher prior rebound from support area around 1.3440. Successful breakout above current resistance level at 1.3500 would indicate the pair to undergo short-term technical correction to trade higher towards the next resistance level at 1.3540.
Resistance level: 1.3500, 1.3540
Support level: 1.3440, 1.3300