Deeppoketz

GBPAUD - Bullish/Buy prices you should be aware of!

Long
FX:GBPAUD   British Pound / Australian Dollar
Dear traders,

Here is your GBPAUD Focus for today;
According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “4”, and the AUD stands at “1”, meaning that the GBP is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time.

Our 1st BUY Limit is placed at 1.8076 (with a 1% risk position size)
Our 2nd BUY Limit is placed at 1.7958 (with a 1% risk position size), totaling a 2% risk, should both positions get filed.

Our final Take profit is placed at 1.8917
Our Stop Loss is placed at 1.7806

This is a 600 PIPS trade - Risk Reward 1:6
Chart Timeframe; D1

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