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GBPJPY Caught in a Tight Range: Bearish EMAs Suggest a Breakout Awaits 
GBP/AUD has made a high of 2.170 and started to retreat from that level. Overall trend is bearish as long as resistance 2.1750 holds.
- The break of major resistance 2.1750 will take the pair till 2.20/2.2220
- The pair's major support is around 2.130 and break below targets 2.080/2.0500
- Further weakness only below 2.080.
It is good to sell on rallies around 2.150 with SL around 2.175 for the TP of 2.100/2.080.
