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- GBP/AUD has made a high of 2.135 and retreated from that level . It is currently trading at 2.121.
- The pair's major resistance is around 2.1400 and any break above would extend gains till 2.160/2.175.
- 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 2.125-30 with SL around 2.160 for the TP of 2.080/2.050
