Thursday, October 15, 2026

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FxWirePro: GBP/AUD breaks minor trend line resistance, good to buy at dips

GBP/AUD has broken minor trend line support around 2.130 and jumped till 2.1470 from that level . It is currently trading at 2.140. The pair's major resistance is around 2.1500 and any break above would extend gains till…

By Lis Howell
1 min read
FxWirePro: GBP/AUD breaks minor trend line resistance, good to buy at dips
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  • GBP/AUD has broken minor trend line support around 2.130 and jumped till 2.1470 from that level  . It is currently trading at 2.140.

  • The pair's major resistance is around 2.1500 and any break above would extend gains till 2.175/2.200.

  • The pair's major support is around 2.080 and break below targets 2.0500

  • Further weakness only below 2.080.

It is good to sell on rallies around 2.110-15 with SL around 2.080 for the TP of 2.175/2.200

 

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By FxWirePro Team