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orvilleawright

Nov 3 2015: WEEKLY GBPUSD in consolidation

Britisches Pfund / US-Dollar (FX:GBPUSD)  
orvilleawright  
FX:GBPUSD   Britisches Pfund / US-Dollar
weeklymarketsanalysis weeklyoutlook orville wright price-action consolidating consolidation GBPUSD Candlestick Analysis structure-trade
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weeklymarketsanalysis weeklyoutlook orville wright price-action consolidating consolidation gbpusd candlestick structure-trade
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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