NEUTRAL GBPUSD 1 Hour; Trade consolidation breakout; Buy BAT

영국 파운드/미국 달러 (FX:GBPUSD)

FX:GBPUSD 영국 파운드/미국 달러

gbpusd hourly orville wright orvillewright batpattern ascendingchannel consolidation consolidating breakout neutral price-action candlestick

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.

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