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.
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