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- GBP/AUD has retreated from the high of 2.1570 after better than expected Aus Jobs data. It is currently trading around 2.1320.
- Aus total employment lifted 58.6k in October, more than double the top of the market estimate for a 25k rise.
- Technically major resistance is around 2.175 and break above will take the pair till 2.20/2.2220
- On the downside major support is around 2.0800 and break below will take the pair further down till 2.050/2.
It is good to sell on rallies around 2.145-50 with SL around 2.175 for the TP of 2.100/2.080
