- GBP/AUD has made a high of jumped till 2.210. It is currently trading at 2.2065.
- 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 2.180 (trend line joining 2.1398 and 2.151) and break below targets 2.160/2.139.
- Overall bullish invalidation only below 2.160 level.
It is good to buy at dips around 2.160 with SL around 2.139 for the TP of 2.2370
The material has been provided by InstaForex Company – www.instaforex.com