J1mmorz

GU Long, Trend continuation trade

Long
FX:GBPUSD   British Pound / U.S. Dollar
Weell! Finally GU is starting to move nicelly, we have a new HH made on H1 and now a retracement happened, price is sitting now at 61% Level + Trendline + a good key level.
Odds are on our favor to long this little bastard till the new high, only thing that worries me a bit is the Daily Downtrend TL, will keep an eye if price reaches it and most probably I will protect the position once we are there :D
Disclaimer

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.