Thursday, October 15, 2026

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GBP/AUD breaks short term support 2.1400, decline till 2.085 is possible

GBP/AUD has broken short term support 2.140 which confirms short term weakness, a decline till 2.088 cannot be ruled out. It is currently trading at 1.2140. The pair's minor resistance is around 2.1630 and any break abov…

By Lis Howell
1 min read
GBP/AUD breaks short term support 2.1400, decline till 2.085 is possible
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GBP/AUD has broken short term support 2.140 which confirms short term weakness, a decline till 2.088 cannot be ruled out. It is currently trading at 1.2140.

  • The pair's minor resistance is around 2.1630 and any break above would extend gains till 2.185/2.200.
     
  • The pair's major support is around 2.139 and break below targets 2.100/2.0885
     
  • Overall bearish invalidation only above 2.200 level.   

It is good to sell on rallies around 2.165-70 SL around 2.200 for the TP of 2.100/2.0880

 

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