With USD quotes having a massive bullish run last week, I am expecting the same for GU. GU has had a very difficult time breaking the weekly level of 1.27500, rejecting this level 6x in within a 10 day trading span.
Looking at the monthly, we can see a solid doji.
Looking at the daily, I like the odds of the break, retest, and continuation of the upper TL and Fib coming into play.
will see how it plays out after today.
Expected entry- 1.26050....SL-15-30 pips of entry..TP1- 1.27500