GBP/AUD intraday: the downside prevails as long as 2.1058 is resistance

2.1058 is our pivot point.

Our preference: the downside prevails as long as 2.1058 is resistance.

Alternative scenario: the upside breakout of 2.1058, would call for 2.1181 and 2.1255.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 2.0966 and 2.0959).

Supports and resistances:

2.1255 **

2.1181 *

2.1058 **

2.1009

2.0957 last

2.0807

2.0733 **