FxWirePro
Long

GBP/AUD breaks major resistance 2.1270, targets 2.150

FX:GBPAUD   British Pound / Australian Dollar
164 0 2
GBP/AUD             has made multi year highs and is likely to go up further, good to buy at declines.

On the higher side it has broken 2.127 and further jump till 2.1417/2.1508 (161.8% retracement of 2.1270 and 2.0885) cannot be ruled out .

Bullish invalidation only below 2.1000.

The pair’s minor support is around 2.116 and break below will drag the pair further down till 2.110/2.1050/2.100.

It is good to buy at dips around 2.120 with SL around 2.115 for TP of 2.140/2.1505.
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