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FxWirePro:EUR/AUD consolidates around 1.6585, maintains bullish bias 
• GBP/AUD retreated on Thursday from highs as the pair ran into resistance after ticking up from 1.8148.
• GBP has been consolidating of late, partly on vaccine successes and ushering rise in UK economic growth.
• GBP/AUD remains bullish, only a break and daily close above 38.6% fib at 1.9449 will shift bias to the downside.
• Technical signals are bullish as RSI is at 61, daily momentum studies 5, 9 and 10 DMAs are trending north.
• Immediate resistance is located at 1.8239 (23.6%fib ), any close above will push the pair towards 1.8300(Psychological level).
• Strong support is seen at 1.8153 (38.2% fib) and break below could take the pair towards 1.8080 (38.2% fib).
Recommendation: Good to buy on dips around 1.8120, with stop loss of 1.8050 and target price of 1.8220.
