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Long

GBP/AUD faces trend line support at 2.1390, good to buy at dips

FX:GBPAUD   British Pound / Australian Dollar
245 0 2
GBP/AUD             has recovered till 2.190 after making a low of 2.1390 and is currently trading at 2.178.

The pair’s minor resistance is around 2.190 and any break above would extend gains till 2.2200/2.2370.

The pair’s minor support is around 2.1400 ( trend line joining 2.0870 and 2.110) and break below targets 2.100/2.0850.

Overall bullish invalidation only below 2.1400 level.

It is good to buy at dips around 2.1600 with SL around 2.139 for the TP of 2.200/2.2200
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