GU has been going sideways for quite sometime now but i expect a clear direction move due to the fact that we having series of major news coming up this week with FOMC on Wednesday and NFP on Friday. With that being said i expect the my technical analysis to align with the fundamentals which means i will be shorting (Sell) GU. Price tested a major resistance around 1.24275 last week and has stayed within the price range of 1.24120 so i expect a rejection of this zone down to the next minor support of 1.22800 which will be my first target (TP) while my second TP will be at 1.21945.
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