FxWirePro:GBP/AUD falls below as 1.8000 as no-deal Brexit move back into focus

• GBP/AUD declined sharply on Monday as anxiety of no-deal Brexit attracted sellers.

• Today's drop cleared, 38.2% fib level  and  Psychological level at 1.7900.

• The is pair heading towards the 1.7713( 23.6%fib). Only a break and daily close above 50% fib at 1.8191 will shift bias to the upside.

• Technical signals are bearish as RSI is at 43, daily momentum studies  5, 9 and 10 DMAs are trending south.

• Immediate resistance is located at 1.7982 ( 38.2%fib), any close above will push the pair towards 1.8070  (5DMA).

• Immediate support is seen at 1.7870 (Daily low) and break below could take the pair towards 1.7713( 23.6%fib).

Recommendation: Good to sell around 1.7900, with stop loss of 1.8200  and target price of 1.7840.