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- GBP/AUD has declined till 2.046 after making high of 2.09670 on Friday. It is currently trading at 2.0496.
- On the lower side minor support is around 2.050 and any break below targets 2.030/2.
- The pair's resistance is around 2.060 and break above will take the pair to next level 2.0950/2.125.
- Overall bearish invalidation only above 2.125.
It is good to Sell on rallies around 2.070-75 with SL around 2.096 for the TP of 2
R1-2.070
R2-2.120
R3-2.150
Support
S1-2.050
S2-2.030
S3- 2
