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BEARISH GBPUSD DAILY:Price broke and close below daily support

FX:GBPUSD   British Pound/U.S. Dollar
Nov 16 2015: BEARISH GBPUSD             DAILY:Price broke and close below daily support
(Analysis Based on DAILY chart )

Observations
1. Short term bull channel (Broken and retested)
2. Short term bear channel
3. Descending triangle
4. Break and close below daily support

NOTE: Wait for price action to confirm the importance of this level. Price is consolidating within a descending triangle . Sell channel tops. Sell downside breakout on retest.

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