GBPAUD Monthly trend line retest

FX:GBPAUD   British Pound / Australian Dollar
1524 10 32
Description on the chart.
I've closed my long position in GBPAUD             and EURAUD             (see ideas linked)

Comment: We are now 850 PIPs in profit, secure it!
Comment: Price could reverse - Take a look to my new idea:
Comment: +1970 PIPS in profit atm. We'll see soon -0.27% and -0.618% fib after Brexit. I also take a little long with this pair with +310 PIPS profit (take a look to my idea posted above).
Trade closed: target reached: +2853 Pips Gained. Nice one!
Given Friday's news regarding Brexit poll favoring the "leave" group this could reach 1.9 very fast but after that a lot will depend on the brexit vote. If they vote for a leave it's very likely that this pair crashes to 1.84 and then your target, pretty fast. If they vote for a stay. It can bounce back up a bit or a lot.
Prome _VincentP_
Yes, I'll close all or almost all my position before referendum, let's see!
Today it is trying to break 1.98400. If it cannot break this level, what will gonna be? your advice would be greatly appreciated.
Prome earthkamol
Sorry for the late response, didn't see your message. Anyway, at 1.984 we had a strong weekly resistance, I would have waited a weekly close to plan what to do. Maybe I could put my SL to breakeven if price could not close below 1.984.
Hope this is helpful although late :P
Thank you for sharing the chart, Harilaos
Prome harilaos
plenty of pips to go
Prome PCTradeKop
I hope so too!
Congratulations! Your chart has been selected to be highlighted as today's post of the day. This is a great example of a market retracement to a previous line of support (now resistance).
Prome walker.england
Thank you Walker, very appreciated.
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