I posted this trade idea over the weekend and it hit target at 1.71. I didn’t take the entry as per my trade plan as it was just before the weekend and anything could happen over a weekend with GBP prior to the election. The pair didn’t give a pull-back to my entry price after the weekend and I sold at 1.7330 which is also a strong price level on this pair. Hey, who can complain about a 230p trade within 2 day’s!

I expect this pair to fall further, but will be waiting for a retracement to a higher price before taking another sell.

GBPAUD - HIT TARGET 7 June

Source: Queen of Pound

2 thoughts on “GBPAUD – HIT TARGET AT 1.71”

  1. Wimpie Koekemoer says:

    Nice trade Maryna. My target was 1.1720 but I kept it open after talking to you, so thanks for the extra pips

    1. Maryna says:

      That’s great Wimpie and thanks for your feedback!

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