orvilleawright
Long

Slightly BEARISH GBPUSD 4 Hour

FX:GBPUSD   Pound Sterling/U.S. Dollar
Nov 6 2015: Slightly BEARISH GBPUSD             4 Hour
(Analysis Based on 4 hour chart)

Observations
1. Price re-enters long term down channel ;
2. Price has broken short term up channel
3. Price at weekly SR zone
4. RSI oversold

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

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