GU is resting in a support zone after BoE's rate hike. The support zone is combined with the yearly pivot giving the zone some strength. A trend line is going upwards supporting the price. We're in an upwards linear regression channel as well.
Comment:
Very nice bullish move today. Inflation hearing tomorrow got something to do with it ;-). Carney needs a stronger pound so overall I'm bullish longterm as well.
Stops to BE and let it ride
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Stops to BE and let it ride