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GCMAsia -GBPUSD
GBPUSD
GBPUSD
2017-09-21
Resistance and Support Level Explanation
Resistance 1.3615 H4
Support 1.3250 H4

GBPUSD, H4: GBPUSD was traded lower prior its retracement from the top of ascending channel around level 1.36180. Downward slope of MACD histogram suggests the pair to continue its momentum to trade lower, testing the bottom of the ascending channel and support level at 1.3250.

Resistance level: 1.3615, 1.3810

Support level: 1.3250, 1.3155