GU hasn't been one of my favourite to trade lately as a swing trader because of the long range. However, price has broken and closed below the trendline which signifies a possible trend reversal.
However i will be waiting for a sell entry if price breaks below 1.23097 level. I am anticipating a 477 pips drop from this level
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.