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270918 GBPUSD

by | Sep 27, 2018 | GBP/USD | 0 comments

GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-09-27
Resistance and Support Level Explanation
Resistance 1.3200 H1
Support 1.3145 H1

GBPUSD, H1: GBPUSD remains traded within an ascending channel while currently testing near the 20-MA line (red). MACD which has illustrated negative divergence signal suggests the pair to extend its losses in short-term after closing below the 20-MA line.

 

Resistance level: 1.3200, 1.3285

Support level: 1.3145, 1.3100