FxWirePro

GBP/AUD trades near major trend line resistance, targets 1.9850

Short
FX:GBPAUD   British Pound / Australian Dollar
5
GBP/AUD is trading near trend line resistance 2.0350 level and any break above confirms further bullishness.

In the weekly chart GBP/NZD has formed bearish divergence which confirms short term weakness , decline till 1.9735 is possible.

It is good to sell around 2.0295 with SL around 2.0350 for the TP of 1.9865/1.9750.
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