GU Rallies To Supply

The AU demand level from last week held and price rallied away. If you missed it you can see where I mentioned it here. The other pairs continued to perform well as I'm sure you noticed. This week we look at GU whilst holding the others.

GBPUSD

GU has finally rallied up to a supply level that I mentioned a while back. It's worth watching for a reaction as price fell hard the last time it was here.

2017-11-26 GU Short D1

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