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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-05-28
Resistance and Support Level Explanation
Resistance 1.3445 Daily
Support 1.3300 Daily

GBPUSD, Daily: GBPUSD extended its losses after losing its support near 1.3445. MACD histogram and both MA lines which illustrate downward signal and momentum suggests the pair to advance further downwards after breaking the support level near 1.3300.

 

Resistance level: 1.3445, 1.3600

Support level: 1.3300, 1.3170