• GBP/ AUD strengthened on Friday as risk-sensitive AUD was negatively impacted by easing commodities prices .
• The pair was trading up 0.08 percent at 1.9211 after reaching daily high at 1.9250.
• Technical signals are bullish as RSI is at 54, daily momentum studies 5, 9 and 11 DMAs are trending up.
• Immediate resistance is located at 1.9250 ( 38.2% fib), any close above will push the pair towards 1.9344 (23.6% fib).
• Immediate support is seen at 1.9168(50% fib) and break below could take the pair towards 1.9143 (5DMA).
Recommendation: Good to buy around 1.9200, with stop loss of 1.9100 and target price of 1.9280
