This is the 1 hour time frame, I needed to follow something on a smaller time frame. Waiting to see if price breaks that black trend line for a move down to the bottom of the channel or if it touches and price heads north to touch or breakthrough the downtrend monthly channel.

Until I see either of these happen I'm not going to touch GU and with US being closed today I believe it's also a Holiday for the pound might not expecting to see much happen with her today.
GBPUSDguParallel Channeltrend

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