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GBP/AUD has made a high of 2.1470 and retreated from that level. Overall trend is still weak as long as resistance 2150 holds.
- The pair's major resistance is around 2.1500 and any break above would extend gains till 2.175/2.200.
- 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 sell on rallies around 2.135-40 with SL around 2.175 for the TP of 2.080/2.050
