FxWirePro: GBP/AUD recovers after making a low of 2.017, good to buy at dips

The pair has broken major trend line resistance 2.045 (trend line joining 2.1269 and 2.09682) and jumped till 2.075. It is currently trading around 2.0680.

• Short term trend is still bullish as long as support 2.030 holds.
• Any break below 2.030 will drag the pair till 2/1.9860.
• On the higher side resistance is around 2.075 and break above targets 2.095/2.125 level.

It is good to buy at dips around 2.60-65 with SL around 2.030 for the TP of 2.1250/2.149.