- GBPAUD has once again made a high of 2.15271 and is trading at 2.1480 level. It has formed almost a triple top around 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and 2.0870).
- On the downside minor support is around 2.140 and break below targets 2.1350/2.130.
- Short term weakness only below 2.1200.
It is good to buy above 2.153 with SL around 2.140 for the TP of 2.1900
The material has been provided by InstaForex Company – www.instaforex.com