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orvilleawright

BEARISH GBPUSD DAILY:Price break and close below support

Short
British Pound / U.S. Dollar (FX:GBPUSD)  
orvilleawright  
FX:GBPUSD   British Pound / U.S. Dollar
GBPUSD dailyoutlook dailyanalysis dailychart orville wright Ascending Channel Descending Channel support Support and Resistance SELL Bearish Patterns short price-action
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gbpusd dailyoutlook dailyanalysis dailychart orville wright ascendingchannel descendingchannel support supportandresistance sell bearish short price-action
Nov 9 2015: BEARISH GBPUSD DAILY:Price break and close below support
(Analysis Based on DAILY chart)

Observations
1. Price near the bottom of short term down channel
2. Long term up channel (now broken)
2. RSI oversold

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

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