•GBP/AUD traded in tight range on Monday as investors were cautious ahead of a Reserve Bank of Australia speech and NAB business conditions data .
• GBP/AUD fell as low as 1.8748 before buyers returned and underpinned .Support at (50% fib ) at is holding but break would warn of correction.
• Technical signals are bullish as RSI is at 51, daily momentum studies 5,9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.8837 ( 38.2%fib), any close above will push the pair towards 1.8937 (23.6%fib).
Strong support is seen at 1.8748 (50% fib ) and break below could take the pair towards 1.8711 (11DMA).
Recommendation: Good to buy around 1.8770, with stop loss of 1.8670 and target price of 1.8900.


FxWirePro- Major Pair levels and bias summary
Yen Capitulation Sends GBPJPY to 17-Year Peak – 212.60 Next?
FxWirePro: EUR/NZD uptrend loses steam, remains on bullish path
FxWirePro- Major Pair levels and bias summary
EURJPY Surges Post-BOJ Hike: Bullish Momentum Builds – Buy Dips Targeting 185
FxWirePro- Major European Indices
EUR/JPY Surges on Yen Weakness: Bullish Momentum Eyes 186-187 Targets
NZDJPY Bulls Charge Ahead: Buying the Dips Above 90 for a Shot at 92
FxWirePro- Major European Indices
FxWirePro- Woodies Pivot(Major)
FxWirePro: USD/JPY retreats as Japan signals possible FX intervention
CADJPY Pulls Back on Weak Canadian Retail Data: Dips to 113 Prime Buying Opportunity Targeting 116
FxWirePro- Major US Indices
FxWirePro: USD/ZAR extends losses ,eyes 16.400 level
FxWirePro- Major Crypto levels and bias summary
BTCUSD Dips Post-BOJ Hike: No Swift Tightening Boosts Risk – Buy Around $87K Targeting $100K 



