GBP/AUD intraday : the upside prevails as long as 2.0516 is support

Our pivot point is at 2.0516.

Our preference: the upside prevails as long as 2.0516 is support

Alternative scenario: below 2.0516, expect 2.0471 and 2.0444.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 2.0542 and 2.0541).

Supports and resistances:

2.0696 **

2.0669 *

2.0642 **

2.0615

2.0552 last

2.0534

2.0516 **