• GBP/AUD strengthened on Tuesday as diverging UK-U.S. rates boosted sterling .
• GBP/AUD rises above 9DMA, lift stops after finding resistance at 1.8544.
• A rally towards is 1.8600 level is possible if GBP/AUD bulls overcome resistance at 1.8544.
•Technical are bearish, daily RSI is negative at 38, daily momentum studies 14 and 21 DMAs are trending down.
•Immediate resistance is located at 1.8544 (23.6%fib), any close above will push the pair towards 1.8631 (Higher BB).
•Strong support is seen at 1.8415 (9DMA) and break below could take the pair towards 1.8269 (38.2%fib).
Recommendation: Good to buy on around 1.8500, with stop loss of 1.8410 target price of 1.8600
