GCMAsia - GBPUSD
GBPUSD
2018-05-29
| Resistance and Support | Level | Explanation |
| Resistance | 1.3345 | H1 |
| Support | 1.3300 | H1 |
GBPUSD, H1: GBPUSD remains traded within a descending triangle following prior retracement from the upper level. Diminishing upward momentum from MACD histogram may suggests further bearish bias. However, a successful breakout from the strong support at 1.3300 is required to attain further confirmation.
Resistance level: 1.3345, 1.3400
Support level: 1.3300, 1.3215