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BEARISH EURGBP 1 Hour: Price near bearish channel low

FX:EURGBP   Euro Fx/British Pound
Nov 18 2015: BEARISH EURGBP             1 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
5. Bearish cypher pattern

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

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