GCMAsia - GBPUSD
GBPUSD
2018-02-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.3995 | H1 |
| Support | 1.3915 | H1 |
GBPUSD, H1: GBPUSD was traded lower prior breaking support at the 200-MA line. However, MACD histogram that portrays diminishing bearish momentum would suggest the pair to undergo short-term technical correction to trade higher towards its previous low.
Resistance level: 1.3995, 1.4060
Support level: 1.3915, 1.3870