orvilleawright
Long

BEARISH EURGBP 4 Hour: Price near bearish channel low

FX:EURGBP   Euro Fx/British Pound
Nov 18 2015: BEARISH EURGBP             4 Hour: Price near bearish channel low
(Analysis Based on 4 hour chart)

Observations
1. Long term down channel
2. Short term down channel
3. Price close to channel low
4. Price at the 1.272 fib extension

NOTE: Wait for price action             to confirm the importance of these levels.

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