FxWirePro: GBP/AUD breaks above 21-EMA, on track to test 76.4% Fib at 1.8370

GBP/AUD chart on Trading View used for analysis 

• GBP/AUD is trading largely unchanged on the day at 1.8214 at 1230 GMT.
   
• The pair hit session highs at 1.8259 and lows of 1.8182, bias remains higher.
   
• Price is extending higher in 'Rising Channel' pattern, and has bounced off channel base.
   
• The pair has broken above 21-EMA nd technical indicators support further upside.
   
• Next major reistance lies at 76.4% Fib at 1.8370 ahead of 1.8522 (Jan 25 high).

Support levels - 1.8147 (61.8% Fib), 1.8119 (21-EMA), 1.8055 (channel base)

Resistance levels - 1.8370 (76.4% Fib), 1.8522 (Jan 25 high), 1.8563 (Oct 16 high)

For details on FxWirePro's Currency Strength Index, visit http://www.fxwirepro.com/currencyindex.