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FxWirePro: GBP/AUD consolidates in narrow range, good to buy at dips

  • GBP/AUD is trading in narrow range around 2.200 and 2.155 for the past two trading session.

  •  It is currently trading at 2. pair's minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370.

  • The pair's major support is around 2.139 and break below targets 2.100/2.0885

  • Overall bullish invalidation only below 2100 level.          

It is good to buy at dips around 2.140-45 SL around 2.100 for the TP of 2.2200

 

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