Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: GBP/AUD faces strong support around 2.160, good to buy at dips

  • GBP/AUD has broken minor resistance 2.1910 and jumped till 2.210. It is currently trading at 2.2065.

  • The pair's minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370.

  • The pair's minor support is around 2.180 (trend line joining 2.1398 and 2.151) and break below targets 2.160/2.139.

  • Overall bullish invalidation only below 2.160 level.    

It is good to buy at dips around 2.180 with SL around 2.160 for the TP of 2.2370

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.