•GBP /AUD rose on Tuesday as investors attention turned towards new Brexit talks .
• The trade negotiations are scheduled for up to Oct. 2, less than a fortnight before an EU summit.
• The pair hit daily high at 1.8304 and was last trading at 1.8281 at (GMT 18:00).The cross has traded in the range of 1.8138-1.8304 thus far on Tuesday.
•Technical signals favours bullish sentiment as RSI is at 56 with 5, 10 & 21-day MA in bullish alignment
•Immediate resistance is located at 1.8360 (38.2% fib), any close above will push the pair towards 1.8441(Higher BB).
•Immediate support is seen at 1.8231 (50% fib) and break below could take the pair towards 1.8156 (21 DMA).
Recommendation: Good to buy on dips around 1.8250, with stop loss of 1.8150 and target price of 1.8350.
