• GBP /AUD strengthened on Monday as bulls remained reluctant to give up recent trend peaks.
• The pound's rise against Australian dollar came after a rise in China CPI and expectations of U.S. COVID recovery aid , shrugging off U.S.-China political tensions.
• The pair hit daily high at 1.8087 and was last trading at 1.8078 at (GMT 19:28).
• Technical signals favours bullish sentiment, RSI is at 56 and pair trades above 5 & 9-DMAs.
• Immediate resistance is located at 1.8304 (38.2% fib), any close above will push the pair towards 1.8353 (6th Aug high).
• Immediate support is seen at 1.8232 (61.8% fib) and break below could take the pair towards 1.8182 (50% fib ).
Recommendation: Good to buy on dips around 1.8250, with stop loss of 1.8100 and target price of 1.8340.


FxWirePro- Major Pair levels and bias summary
NZDJPY Bulls Reload: Why 93.50 Is the Line in the Sand for a Run to 97
FxWirePro: EUR/AUD holds narrow range, focus on near-term support
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
FxWirePro: EUR/AUD jumps as payrolls surprise fuels upside
GBP/JPY Bulls Reload at 214: Triple EMA Support Eyes 216–217 Breakout
FxWirePro: USD/CAD extends gains as U.S. dollar gains momentum after strong U.S. NFP data
FxWirePro: AUD/USD softens as risk appetite abates
AUDJPY Reclaims 114: Bears Growl in the Short Term, But Bulls Hold the Line
FxWirePro: GBP/USD neutral in the near-term, scope for downward resumption
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Major Crypto levels and bias summary
FxWirePro USD/CAD steadies around 1.3910,retains bid tone
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
GBPJPY Claims 215: Sterling Bulls Forge Ahead with Locked-In Momentum 



