orvilleawright

BEARISH WEEKLY GBPUSD: Price break and close below support

Short
FX:GBPUSD   British Pound / U.S. Dollar
Nov 9 2015: BEARISH WEEKLY GBPUSD: Price break and close below support
(Analysis Based on WEEKLY chart)

Observations
1. Price has closed below the weekly support
2. Price respecting the top of the down channel

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

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