GBPAUD News Trade + 100 Pip Potential
Updated
We had a good push up on the GBP pairs on Surprise Brexit news and this pair has now gone into a consolidation between 1.85311 (High) and 1.85076 (Low). Moreover, it is now Above the Daily 60 and 15 clouds, as well as the Daily KS, 60 KS and 15 KS
Entry = 1.8509
Stop = 1.8489
Risk = 20 pips
Profit target = 1.8609
Reward = 100 Pips
RRR = 5-1
Entry = 1.8509
Stop = 1.8489
Risk = 20 pips
Profit target = 1.8609
Reward = 100 Pips
RRR = 5-1
Trade active
This trade has been triggered and is now Active :)Trade active
UK Prime Minister May will be speaking at 100 am est. (a little more than an hour from now) I will be closing my positions ahead of that speech as all sanity might be lost in the market...Note
Also to be clear, since the market has made a new high, you can no longer enter this trade if it falls back to 1.8509Trade closed manually
As mentioned above, PM May is set to speak at 11am Est. I am closing here +20.
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