orvilleawright

BEARISH GBPUSD DAILY:Price break and close below support

Short
FX:GBPUSD   Sterlina / Dollaro
Nov 9 2015: BEARISH GBPUSD DAILY:Price break and close below support
(Analysis Based on DAILY chart)

Observations
1. Price near the bottom of short term down channel
2. Long term up channel (now broken)
2. RSI oversold

NOTE: Wait for price action to confirm the importance of this level.

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