MujkanovicFX

GBP/AUD Monster trade has still upside potential

Long
FX:GBPAUD   Livre sterling / Dollar australien
Great trade taken in CommaFX Telegram channel!

We entered at 1.8139 and closed our position 252 pips in profit. Even if you've missed the initial trade, you may still have the possibility to enter long, since the pair has formed a fresh higher high and is trading at the highest rate since Jan 29. Watch out for the 2019 high around 1.8495 (close it before the round-number resistance.) The pair has been in demand after markets priced-in an assumed progress in UK-EU Brexit talks.

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