The pair has breached the neck line of the daily head and shoulders pattern and also broken below the bear flag lower trendline bouncing off of the -138.2 and forming a bullish reversal signal. My suspicion is the GU may retrace enough to come close to or even test the bear flag trendline only to reverse there and head down in order to complete the two patterns targeting the 1.4900 area first then the 1.4650 area.
