• GBP/AUD hit session lows at 1.7978 in US trading, but the pull back has been moderate so far.
• GBP/AUD remains bullish, only a close back below 1.7867 (50DMA), could upset the bullish order.
• Immediate resistance is located at 1.8083 (Higher BB), any close above will push the pair towards 1.8116 (23.6% fib).
•Strong support is seen at 1.7933 (38.2% fib) and break below could take the pair towards 1.7867 (50DMA).
Recommendation: Good to buy around 1.7990 with stop loss of 1.7860 and target price of 1.8100


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