GCMAsia - GBPUSD

GBPUSD
2018-04-17
| Resistance and Support | Level | Explanation |
| Resistance | 1.4370 | H1 |
| Support | 1.4290 | H1 |

GBPUSD, H1: GBPUSD was traded higher after breaking resistance level at 1.4290. However, death-cross as displayed by MACD signal line would suggest the pair to undergo short-term technical correction to trade lower before continuing its bullish bias.
Resistance level: 1.4370, 1.4560
Support level: 1.4290, 1.4230