GU Bullish Move.

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GU Bullish Move.British Pound Sterling / United States DollarCMCMARKETS:GBPUSDJcasanova32Looking at the GU chart I can see price shifted to the upside the beginning of April, with the market structure being formed at 1.35 level after a retracement is telling me it wants to continue pushing up and breaking the highs of previous bearish trend. For confluences i see a nice inverted H&S formed between 1.3250 and 1.35 level, a retracement to 1.35 giving me a FIB play, retest of the EMAs and in general the momentum of the candlesticks is clear. I’m not factoring in News and we have important USD news incoming but Technically speaking the Bullish set up is there.