looking at the current waves and line up, we can see clear as day gu has plans and where big players are looking at.
so on the left arrow you can see a hidden strong support that killed people on a bullish run last year, now we are back to test that level and did not break, GO BULLS on the right arrow.
In this chart you will see that the STOCH has a killer wave movement and is keeping trend, I believe by the middle or end of next week will see a strong bearish trend hitting this target.
So here is my 1st Elliot wave for GU let me know what you think thanks
we could see a bearish move on the 1hr chart DT from pervious highs to lower lows
as we know they pass a bill to make US dollar stronger and we know big businesses will dump that cut into the stock, we can be sure to see strong $ in the market for 2018
Looking at high and low movement on other blind side supports and resistance levels I see a bearish trend wish a short pull back making it a long trend down
Within the last few weeks UJ has tested 114 and a strong stepping stone has grown to 115 by mid November to December, may test high 113 again in November.
with the news coming up I feel that that GBP will be bullish till the mid week and turn bearish till next week open.