Thursday, October 15, 2026

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GBP/AUD trades well above major resistance 2.100, jump till 2.140 is possible

GBP/AUD has broken minor resistance 2.100 and a jump till 2.140/2.155 is possible. It is currently trading at 2.1170. The pair's minor resistance is around 2.1200 and any break above would extend gains till 2.140/2.175. …

By Lis Howell
1 min read
GBP/AUD trades well above major resistance 2.100, jump till 2.140 is possible
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  • GBP/AUD has broken minor resistance 2.100 and a jump till 2.140/2.155 is possible. It is currently trading at 2.1170.

  • The pair's minor resistance is around 2.1200 and any break above would extend gains till 2.140/2.175.

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

  • Further weakness only below 2.080.

It is good to buy around 2.100 with SL around 2.078 for the TP of 2.140/2.155

 

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