GU might actually be going long...it seems to have created a corrective structure that is "not so corrective" really....it seems it has trapped sellers! (since everybody is going short on the pair) i'm seeing it respecting the 61.8 fib level as well...and might go back to last year highs//
Also keeping in mind how well the pound has been performing over the greenback! GBP is recovering well with the virus situation also...its going to be an interesting pair!
Enjoy...feel free to comment!
Also keeping in mind how well the pound has been performing over the greenback! GBP is recovering well with the virus situation also...its going to be an interesting pair!
Enjoy...feel free to comment!