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.
