- GBP/AUD has recovered till 2.200 after making a low of 2.1160 on Thursday and is currently trading at 2.194.
- The pair’s minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370.
- The pair’s minor support is around 2.155 (trend line joining 2.0870 and 2.110) and break below targets 2.139/2.100.
- Overall bullish invalidation only below 2.1550 level.
It is good to buy at dips around 2.180 with SL around 2.155 for the TP of 2.200/2.2200
The material has been provided by InstaForex Company – www.instaforex.com