• GBP/ AUD strengthened on Tuesday as lower copper prices, dalian iron ore's drop weighed on Australian dollar.
• Australia Q1 CPI is due on Wednesday and it will be pivotal for RBA rate expectations.
• Technicals continue to highlight upside risks 14-day momentum confirming price pick-up
• Immediate resistance is located at 1.8754(38.2%fib), any close above will push the pair towards 1.8788(Higher BB).
• Immediate support is seen at 1.8627 (Daily low) and break below could take the pair towards 1.8582(5DMA).
Recommendation: Good to buy around 1.8700, with stop loss of 1.8650 and target price of 1.8570
