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orvilleawright
Oct 29, 2015 3:00 PM

GBPUSD 1H: BUY support/channel bottom and SELL resistance/chann Short

British Pound/U.S. DollarFXCM

Description

GBPUSD 1H: BUY support/channel bottom and SELL resistance/channel top
(Analysis Based on 1 Hour chart)

Criteria
1. Long term up trend
2. Short term down trend
3. Daily support/Resistance
4. Weekly swing low

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