• GBP /AUD rally extended above 1.7800 on Wednesday as pound was supported by Brexit optimism.
• Upbeat new possible Brexit deal before the year-end has helped the pound strengthen over 2% against the Australian dollar this week.
• The pair hit daily high at 1.7857 and was last trading at 1.8078 at (GMT 19:28).
• The pairs rise above the 1.7800 has reinforced the growing bullish strength, putting focus on resistance at 1.8024(23.6%fib).
• Technical signals favours bullish sentiment, RSI is sharply rising and pair trades above 5 & 9-DMAs.
• Immediate resistance is located at 1.7921 (38.2% fib), any close above will push the pair towards 1.8019 (23.6%fib% fib).
• Immediate support is seen at 1.7839 (50% fib) and break below could take the pair towards 1.7766 (61.8% fib).
Recommendation: Good to buy on dips around 1.7800, with stop loss of 1.7700 and target price of 1.7890.


FxWirePro: USD/JPY on nervous hold around 160.00
FxWirePro- Major Pair levels and bias summary
FxWirePro: GBP/NZD climbs as robust U.S. employment figures triggers renewed buying interest.
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro- Woodies pivot (Major)
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/AUD bulls gain momentum on hot U.S. Jobs data
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro- Major Crypto levels and bias summary
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
Aussie-Yen Pulls Back to 114 — But Bulls See a Dip-Buying Run to 117
FxWirePro: AUD/USD softens as risk appetite abates 



