Thursday, October 15, 2026

Technicals

Add as a preferred source on Google

FxWirePro: GBP/AUD faces strong resistance at 2.095, good to sell on rallies

GBP/AUD has broken trend line support 2.052 and declined till 2.0478. It is currently trading at 2.0520. Short term trend is still weak as long as resistance 2.095 holds. On the lower side major support is around 2.050 a…

By Lis Howell
1 min read
FxWirePro: GBP/AUD faces strong resistance at 2.095, good to sell on rallies
Image from the original EconoTimes article

Read the original article

GBP/AUD has broken trend line support 2.052 and declined till 2.0478. It is currently trading at 2.0520. 

  • Short term trend is still weak as long as resistance 2.095 holds.
     
  • On the lower side major support is around 2.050 and break below targets 2.030/2.  
     
  • On the higher side resistance is around 2.070 and break above targets 2.095/2.125 level.

It is good to sell on rallies around 2.070 with SL around 2.0950 for the TP of 2.030/2.

 

Related articles

View all
Technicals

Major Pair Currency Score: AUDUSD Bearish

EURUSD - Levels to watch - 1.100 GBPUSD Levels to watch - 1.3180 USDCHF Levels to watch - 0.8400 USDCAD - Levels to watch - 1.4300 AUDUSD - Levels to watch - 0.7000 NZDUSD - Levels to watch - 0.5560

By FxWirePro Team