I think that in the time being the GU is bearish due to rejection to breakout the upper line of the channel
If it sucseeded to break the lower line it is very good and clear Wolfe wave pattern and the target will be the green line
http://www.fanarco.net/forex1/pic/Wolfe_wave.JPG
If it sucseeded to break the lower line it is very good and clear Wolfe wave pattern and the target will be the green line
http://www.fanarco.net/forex1/pic/Wolfe_wave.JPG