GBPAUD Daily Long - Up to 1:19 Risk / Reward Ratio

FX:GBPAUD   British Pound / Australian Dollar
Day Trade - Channel Reversal
Bounce off Channel Low - Looking to go long up to 1.7200 area (two targets)

Entry at 1.6225
Stop at 1.6185

TP 1 at 1.7200 (1:19) Risk Reward
TP 2 at 1.6680 (1:8)

With AUD looking bearish on all pairs today and GBP gaining strength with fairly good data - Could be a fast moving trade.


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