GBP/AUD Trade Idea

• The pair has jumped till 2.086 after breaking minor trend line resistance 2.045 (trend line joining 2.1269 and 2.09682). It is currently trading around 2.0769.
  
  
• GBP/AUD is facing resistance around 2.095 (trend line joining 2.170 and 2.151) and break above targets 2.125/2.170 level.
  
  
• 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. The minor support is around 2.060.
  
  
• 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.

R1-2.095

 R2-2.126

R3-2.170

Support

S1-2.060

S2-2.030

S3-2