GCMAsia - GBPUSD
GBPUSD
2018-04-25
| Resistance and Support | Level | Explanation |
| Resistance | 1.4020 | H1 |
| Support | 1.3960 | H1 |
GBPUSD, H1: GBPUSD was traded higher after breaking resistance level at 1.3960. However, MACD that portrays diminishing bullish momentum would suggest the pair to undergo short-term technical correction to trade lower to retest its previous high.
Resistance level: 1.4020, 1.4090
Support level: 1.3960, 1.3910