With my analysis i'm expecting GU to break the down-trend red line and keep buying to reach resistance level at 1.26470, to then see whether price breaks that level and re-tests to keep going up until the resistance zone at 1.28593. However, price could break the up trendline and reach support at 1.18592 to then complete the overall buy move at a longer term period.
GBPUSDgbpusdbuygbpusdlongTrend Analysis

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