I believe the GBP/AUD pair remains a favorable buy. It appears to be severely oversold, and on the larger time frames, it continues to exhibit a bullish sentiment. Over the coming weeks, which may extend to a total of 3-5 weeks, we anticipate movement towards our targets. It's advisable to monitor this currency pair closely, as it presents substantial upside potential. Please remember to trade responsibly.
I'll continue to update as needed.
Hope you all have a great trading week.
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Almost to our first target.
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Closed all open trades and left one running. 400+ pips
@GlobalHorns lol time has already told lol it's dropped 70 pips last couple of hours
GlobalHorns
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@ibrar550 if you read my post, I put that this trade may take 3-5 weeks to hit target. The post isn’t saying that it will shoot up from time of posting, it’s saying that within 3-5 weeks it will shoot up and hit one of two targets. I’ll come back and admit defeat if I am wrong. This is all speculation at the end of the day. Relax man.
ibrar550
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@GlobalHorns my bad I didn't see that part, I can see it jump but not that high due to UKs state with its economy
GlobalHorns
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@ibrar550, Trade went well overall. Up 400+ pips. Closed most position today. Leaving one running, stop loss at break even. ;)
GlobalHorns
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@ibrar550, Taking profit now with the trade I left running. I doubt you'll acknowledged this but just coming back like I said I would whether winning or losing that trade.