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!
Note
18:47 (02/02/20)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!
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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.