The pair has jumped till 2.086 after breaking minor trend line resistance 2.045 (trend line joining 2.1269 and 2.09682). It is currently trading around 2.0769.
- GBP/AUD is facing resistance around 2.095 (trend line joining 2.170 and 2.151) and break above targets 2.125/2.170 level.
- Short term trend is still bullish as long as support 2.030 holds.
- Any break below 2.030 will drag the pair till 2/1.9860. The minor support is around 2.060.
- On the higher side resistance is around 2.075 and break above targets 2.095/2.125 level.
It is good to buy at dips around 2.60-65 with SL around 2.030 for the TP of 2.1250/2.149.
