GU analysis using RSC
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Relative strength comparison can easily be used to predict direction of a pair. This convergens of USD against GBP is a good example.
USD is losing strength while GBP is gaining strength on the hourly. Pretty safe to say GU will rise. Keep an eye on the news though, it's not a crystal ball :)
USD is losing strength while GBP is gaining strength on the hourly. Pretty safe to say GU will rise. Keep an eye on the news though, it's not a crystal ball :)
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