GCMAsia - GBPUSD
GBPUSD
2018-02-28
| Resistance and Support | Level | Explanation |
| Resistance | 1.4350 | Daily |
| Support | 1.3850 | Daily |
GBPUSD, Daily: GBPUSD was traded in consolidation within a descending triangle. MACD histogram that portrays increasing bearish momentum would suggest the pair to extend its losses further if breakout at 61.8 Fibonacci level is successful.
Resistance level: 1.4350, 1.4990
Support level: 1.3850, 1.3490