Morgan Stanley issued a recommendation for GBP/AUD currency pair.
The Bank recommends taking a long position on the pair with following levels:
- Entry (Market) : 1.7870
- Take profit: 1.8700
- Stop loss: 1.7570
Morgan Stanley recommends taking a long position at market price (1.7870) with a target of 1.8700 and a stop at 1.7570.