GBP/AUD Trade idea

• 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