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FxWirePro: GBP/AUD faces strong resistance around 2.200, good to buy at dips

GBP/AUD breaks minor trend line resistance around 2.185 and jumped till 2.200. 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 m…

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FxWirePro: GBP/AUD faces strong resistance around 2.200, good to buy at dips
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GBP/AUD breaks minor trend line resistance around 2.185 and jumped till 2.200.

  •  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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