GCMAsia - GBPUSD
GBPUSD
2018-05-30
| Resistance and Support | Level | Explanation |
| Resistance | 1.3300 | H4 |
| Support | 1.3220 | H4 |
GBPUSD, H4: GBPUSD extended its losses following prior breakout from the support level at 1.3300. However, MACD histogram which illustrate diminishing downward momentum may suggests the pair to be traded higher in short-term as technical correction before continuing its major bearish bias thereafter.
Resistance level: 1.3300, 1.3400
Support level: 1.3220, 1.3140