orvilleawright

BEARISH EURGBP Weekly

Short
FX:EURGBP   Euro / British Pound
Nov 18 2015: BEARISH EURGBP Weekly
(Analysis Based on weekly chart)

Observations
1. Long term down channel
2. Short term up channel
3. Price close to channel low
4. Potential head and shoulder reversal
5. Potential RSI bullish hidden divergence

NOTE: Wait for price action to confirm the importance of these levels. Price action continues to be bearish as price moves towards the 0.692xx support zone .

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