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GCMAsia - GBPUSD
GBPUSD
GBPUSD
2018-05-31
Resistance and Support Level Explanation
Resistance 1.3300 H4
Support 1.3220 H4

GBPUSD, H4: GBPUSD was traded lower following prior retracement from the downward trendline. However, MACD histogram which illustrate upward signal may suggest the pair to extend its gains and retest near the downward trendline at 1.3300 in short-term.

 

Resistance level: 1.3300, 1.3400

Support level: 1.3220, 1.3140