FxWirePro: GBP/AUD poised for further downside after key fibo break

• GBP/AUD  eased  on Monday  as sterling came under pressure against kiwi dollar amid UK fiscal angst, rising UK gilt yields.

• Britain's 10-year gilt yield was up 1.5 basis points on Monday at 4.855%, just below last week's high of 4.925%, its highest since 2008..

• Britain's 30-year yield rose to its highest level in 27 years on Monday to 5.472%.

•Attention this week is on on British inflation data on Wednesday.Consumer prices are expected to have risen 2.6% annually in December

.• Immediate resistance is located at 1.9834 (38.2%fib), any close above will push the pair towards 1.9950 (Jan 10th high).

•Support is seen at 1.9611(50%fib) and break below could take the pair towards 1.9499 (61.%fib).

Recommendation: Good to sell around 1.9800 with stop loss of 1.9900 and target price of 1.9720