Thursday, October 15, 2026

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GBP/AUD takes support near trend line , jump till 2.220 is possible

GBP/AUD has recovered after making a low of 2.1390 and is currently trading at 2.1680. The pair's minor resistance is around 2.170 and nay break above would extend gains till 2.2100/2.2200. The pair's minor support is ar…

By Lis Howell
Updated 1 min read
GBP/AUD takes support near trend line , jump till 2.220 is possible
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  • GBP/AUD has recovered after making a low of 2.1390 and is currently trading at 2.1680.

  • The pair's minor resistance is around 2.170 and nay break above would extend gains till 2.2100/2.2200.

  • The pair's minor support is around 2.1400 (trend line joining 2.0870 and 2.110) and break below targets 2.100/2.0850.

  • Overall bullish invalidation only below 2.1400 level.  

It is good to buy at dips around 2.1600 with SL around 2.139 for the TP of 2.200/2.2200

 

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By FxWirePro Team