GCMAsia - GBPUSD
GBPUSD
2018-03-20
| Resistance and Support | Level | Explanation |
| Resistance | 1.4100 | H4 |
| Support | 1.4020 | H4 |
GBPUSD, H4: GBPUSD was traded higher prior breaking resistance level at 1.4020 and the pair is currently testing to stand on its ground on the 50.0 Fibonacci level. MACD histogram that portrays increasing bullish momentum would suggest the pair to extend its gains if candlestick closes above the said level.
Resistance level: 1.4100, 1.4200
Support level: 1.4020, 1.3950