Here I see a corrective wave at 812.95 and a possibility for it to get to 680.69
The first possibility that I see on GU, is. That it can get to 1.368 to retest and then go back down. Of course GBP is really weak at the moment, that's what I see so far. I will update, GL.
I am not only sure it will go down, but It looks like (based on my professional analysis) it will go down to around 94! And as always, this is what I see. Just sharing with y'all my knowledge!! Daily chart:
Here what I see, based on resistance and support. Keep it simple!
Here is what I see, to give you an IDEA of what is going to happen. A symmetrical triangle. I am in already and will take profit at 1.12584 then I will wait to see if it breaks above. As I said, this is to give you an IDEA of what is going to happen. Use your own STRATEGY. Good Luck. -TheSmartInvestor
Im pretty much bearish on EUR. Even tho CAD is also very weak, so it might be really slow.
Head and shoulder pattern. And Bearish Symmetrical Triangle