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• GBP/ AUD eased slightly on Tuesday as investors awaited details on fresh U.S. tariffs set to be announced on Wednesday.
• Financial markets have been volatile recently as investors evaluate the economic impact of U.S. President Trump's tariff plans, raising concerns about a potential U.S. slowdown and higher inflation..
• Trump is set to reveal his tariff plan at 4 p.m. EDT on Wednesday during an event in the Rose Garden.
• Technical signals show the pair could gain more ground in the short-term as RSI is at 59,while moving averages and MACD are trending higher.
• Immediate resistance is located at 2.0727(38.2%fib), any close above will push the pair towards 2.0776(March 31st high).
• Immediate support is seen at 2.0587( (50%fib) and break below could take the pair towards 2.0507(March 12th low).
Recommendation: Good to buy around 2.0530, with stop loss of 2.0400 and target price of 2.0600
