• GBP/AUD peaked higher on Thursday as Trump tariff news hurt Australian dollar more than Pound .
• Pair climbs above 2.0200 and holds near the day's high late in US session.
• GBP/AUD outlook remains bullish. Only a break and close below 1.6277 (23.6% fib), will shift the bias lower.
• Technicals are favouring bullish sentiment as RSI is at 69 and the pair is trading above 5 & 9-DMAs.
• Immediate resistance is located at 2.0200 (Daily high), any close above will push the pair towards 2.0290 (23.6 % fib).
• Support is seen at 2.0059 (38.2% fib) and break below could take the pair towards 1.9669 (50% fib).
Recommendation: Good to buy around 2.0160 with stop loss of 2.0080 and target price of 2.0290


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