FxWirePro: GBP/AUD forms Bearish Gartley pattern, good to sell on rallies

Harmonic Pattern Formed- Bearish Gartley pattern

Potential Reversal Zone (PRZ) - 2.2000

• GBP/AUD has made a high of 2.1550 and retreated from that level. Overall trend is still weak as long as resistance 2.200 holds.
   
• The pair's major resistance is around 2.1550 and any break above would extend gains till 2.175/2.200.
   
• The pair's major support is around 2.110 and break below targets 2.080/2.0500
   
• Further weakness only below 2.080.

It is good to sell on rallies around 2.175 with SL around 2.200 for the TP of 2.110/2.080