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TheRoon

Nice potential rejection for GU

Long
British Pound / U.S. Dollar (FX:GBPUSD)  
TheRoon  
FX:GBPUSD   British Pound / U.S. Dollar
Trend Analysis Technical Indicators
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trendanalysis indicator
GU pushed past 1.35539, which is a very strong support zone. It was then rejected at the last high so we can expect price to drop for a bit.
There is a nice trendline coming into the support, so we can expect price to respect that trendline and support to make another leap to the upside.

Cheers to a good week of trading!
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