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- GBP/AUD extends upside after breaking strong trendline resistance at 1.8640.
- Technical indicators suggest further upside in the pair.
- RSI strength seen at 54, Stochs and MACD are biased north.
- We see a bullish crossover of 5-DMA over 10-DMA.
- Immediate support and resistance are located at 1.1828 (5-DMA) and 0.8850 (March 25th highs).
Recommendation: Buy dips around 1.8810/20, SL: 0.8760, TP: 1.8850/1.8890/1.89
