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Nov 3 2015: WEEKLY GBPUSD in consolidation

FX:GBPUSD   British Pound/U.S. Dollar
Nov 3 2015: WEEKLY GBPUSD             in consolidation
(Analysis Based on WEEKLY chart)

Observations
1. Price has been consolidating for a couple of weeks
2. RSI close to 50
3. Price may break up or down. Potential targets are shown

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

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