FX:GBPAUD   British Pound / Australian Dollar

Hello Traders! Let's Have a Look at GBP/AUD Presenting a Great Trading Opportunity

The GBP/AUD pair is showcasing a promising trading opportunity. On its hourly chart, it has formed a symmetric ABC bullish pattern, which is a strong indicator of a potential upward trend. Here are the trade details:

The price is trading above the entry level (EL) at 1.95613.

Stops are set at 1.94869 to limit potential losses.

Profit Targets:
Target 1: 62% at 1.96699
Target 2: 79% at 1.97176
Target 3: 100% at 1.97786

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