DislikedBe cautious guys that due to downtrend basis..GU will sooner or later have to visit around 1.3050 major support, a base below and we're heading to 1 2950s and 1.2880s will have to hold the pair from more falling toward 1.2780s. This is a medium term view.Ignored
Now GU bounce as it is to big extent looking to base above 1.2980s, it will be looking to target 1.3090-1.3110 and around 1.3140 major resistance will hold the pair from advancing..
Only a weekly close above there will revive bulls medium term advance to higher levels..
My technical analysis leading trades depend on Daily/Weekly/Monthly Chart