GBP/AUD breaks trend line resistance around 2.185,targets 2.200
GBP/AUD has broken short term trend line resistance around 2.1850 (trend line joining 2.2103 and 2.1866) and a jump till 2.200/2.2200 cannot be ruled out
The pair’s minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370.
The pair’s major support is around 2.139 and break below targets 2.100/2.0885. The minor support is around 2.160.
Overall bullish invalidation only below 2100 level.
It is good to buy around 2.1850 with SL around 2.160 for the TP of 2.2200
The pair’s minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370.
The pair’s major support is around 2.139 and break below targets 2.100/2.0885. The minor support is around 2.160.
Overall bullish invalidation only below 2100 level.
It is good to buy around 2.1850 with SL around 2.160 for the TP of 2.2200