Long GU
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.
Note
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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Disclaimer
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.