GU is approaching the bottom of the channel after a fast break yesterday. We continue to create higher lows and higher highs so for now the trend is staying intact. We are at a critical area – the .500 fib retracement and the channel wall- all at 1.5793. A bounce here targets a move back to the R4 @ 1.5966. A break here darkest the .382 fib and the support @ 1.5719. Be careful; of a false breakout.
