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GBP/AUD breaks major trend line support 2.130 (trend line joining 2.0788 and 2.1130) and declined till 2.1166. It is trading at 2.1180.
- The pair is expected to decline till 2.0800 in short term.
- Technically minor resistance is around 2.135 and break above will take the pair till 2.155/2.175/ 2.20.
- On the downside minor support is around 2.113 and break below will take the pair further down till 2.080/2.05.
It is good to sell on rallies around 2.125-30 with SL around 2.155 for the TP of 2.080/2.050
