GU is in a key reversal zone according to past price action (majority). However, last time price was in this area it made one more move down to the 1.24689 zone before reversing. Price broke the 1hr 50EMA and corrected for the buy but because of the violatility of this pair, I would wait until price reaches the 1.2755 zone before entering for the long-term buy. Possible 200+ pip move. Blessed Trading!!!
Comment:
Price has give us 60+ pips to the upside. GU is in a key supply zone and could push back down. Take profit here. Look to enter again only if bullish flag forms at the 1.2755 zone.