Nov 4 2015: NEUTRAL GBPUSD 1 Hour; Trade consolidation breakout; Buy BAT
(Analysis Based on 1 hour chart)
Observations
1. Price in short term up channel; Now broken 2. Price has been consolidating for the past few hours 3. Really not much going on prior to NFP 4. Bullish BAT pattern
NOTE: Wait for price action to confirm the importance of this level.
If you find this information useful. Please hit the LIKE button.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.