GCMAsia - GBPUSD
GBPUSD
2018-10-16
| Resistance and Support | Level | Explanation |
| Resistance | 1.3165 | H4 |
| Support | 1.3125 | H4 |
GBPUSD, H4: GBPUSD was traded lower following prior retracement from the resistance level at 1.3165. MACD which illustrate diminishing of bearish momentum suggest the pair to be traded higher in short term toward its resistance level at 1.3165.
Resistance level: 1.3165, 1.3250
Support level: 1.3125, 1.3035