GBP/AUD breaks major resistance 2.1530, jump till 2.1930 cannot be ruled out
GBP/AUD broken major resistance of 2.15271 and is trading at 2.1650 level. It has broken ascending triangle pattern resistance at 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 an…
GBP/AUD broken major resistance of 2.15271 and is trading at 2.1650 level. It has broken ascending triangle pattern resistance at 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and 2.0870).
On the downside minor support is around 2.150 and break below targets 2.140/2.1310/2.120.
Short term weakness only below 2.1400.
Overall bullish invalidation only below 2.120
It is good to buy at dips around 2.155 with SL around 2.140 for the TP of 2.1930
