- GBP/AUD has recovered till 2.190 after making a low of 2.1390 and is currently trading at 2.181.
- The pair’s minor resistance is around 2.190 and any break above would extend gains till 2.2200/2.2370.
- The pair’s minor support is around 2.1400 (trend line joining 2.0870 and 2.110) and break below targets 2.100/2.0850.
- Overall bullish invalidation only below 2.1400 level.
It is good to buy at dips around 2.1600 with SL around 2.139 for the TP of 2.200/2.2200
The material has been provided by InstaForex Company – www.instaforex.com