GCMAsia - GBPUSD
GBPUSD
2018-03-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.4250 | H1 |
| Support | 1.4200 | H1 |
GBPUSD, H1: GBPUSD was traded lower following retracement from trend line of ascending channel. MACD signal line that portrays a death-cross would suggest the pair to undergo short-term technical correction to trade lower towards the support level at 1.4200.
Resistance level: 1.4250, 1.4340
Support level: 1.4200, 1.4130