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GBP/AUD breaks minor resistance 2.1550, targets 2.2200

  • GBP/AUD has broken major resistance of 2.1550 and jumped till 2.166. Overall trend is bullish as long as support 2.130 holds.

  • The break of major resistance 2.1550 will take the pair till 2.20/2.2220

  • The pair's major support is around 2.130 and break below targets 2.080/2.0500

  • Further weakness only below 2.080.

It is good to buy at dips around 2.1500 with SL around 2.1300 for the TP of 2.200/2.225

 

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