GCMAsia - GBPUSD

GBPUSD
2018-05-21
| Resistance and Support | Level | Explanation |
| Resistance | 1.3600 | Daily |
| Support | 1.3445 | Daily |

GBPUSD, Daily: GBPUSD extended losses following prior retracement from the resistance level at 1.3600. MACD histogram which begins to form a downward signal suggests the pair to extend its prior losses in the event of a breakout from the support level of 1.3445.
Resistance level: 1.3600, 1.3785
Support level: 1.3445, 1.3300