GCMAsia - GBPUSD

GBPUSD
2017-09-27
| Resistance and Support | Level | Explanation |
| Resistance | 1.3490 | H4 |
| Support | 1.3400 | H4 |

GBPUSD, H4: GBPUSD was traded higher prior its rebound from support level at 1.3400. The pair is currently traded within descending triangle. Upward slope of MACD histogram suggests GBPUSD to be on bias to move higher, testing the top of the descending triangle around level 1.3490.
Resistance level: 1.3490, 1.3645
Support level: 1.3400, 1.3255