Price is inside of up-trending channel, bounced off 1.29650 level and last days was very bullish! What i expect is, price will go up to 1.33450 level (strong resistance level) , make rejection, and break-out of the channel! If we compare XAU/USD with GBP/USD it makes sense at the end of the day!
Last idea i posted about G/U was a bit off, i used Elliot Waves to determine price action and it went other way, i'm still learning Eliott Waves cuw i like it!