GCMAsia - GBPUSD
GBPUSD
2018-03-26
| Resistance and Support | Level | Explanation |
| Resistance | 1.4210 | Daily |
| Support | 1.3970 | Daily |
GBPUSD, Daily: GBPUSD extended gains following prior closure above the resistance level at 1.3970. MACD histogram and both MA lines which illustrate bullish bias suggests the pair to advance further up. However, a close above the threshold of 1.4210 is required to further clarify such bias.
Resistance level: 1.4210, 1.4390
Support level: 1.3970, 1.3800