- Harmonic pattern Formed - Bullish Gartley Pattern
- Potential Reversal Zone (PRZ) - 2.
- The pair is trading in narrow range around 2.032-2.045 for the past two trading session.
- GBP/AUD is facing minor resistance around 2.050 (20 day 4 HMA) and break above will take the pair to next level 2.066 (200 day 4 HMA)/2.09700.
- Overall trend reversal only above 2.100.
- On the lower side major support is around 2.017 and break below targets 2/1.9800 level.
It is good to buy at dips around 2.025-2.030 with SL around 2 for the TP of 2.0950