• GBP/AUD edged lower on Wednesday as investors cautiously monitored efforts to end the war in the Middle East, while investors awaited UK GDP data..
• The United States and Yemen's Iran-aligned Houthis reported separate ship attacks. But oil prices fell as investors weighed lower demand forecasts.
• The UK economy saw a strong start to the year, but growth then faltered with the conflict in the Middle East affecting some businesses. The Iran war has pushed up oil and fuel prices, and also disrupted supply chains.
•On Thursday, official figures will show how much the economy grew between April and June of this year.
• Immediate resistance is located at 1.9144(SMA 20), any close above will push the pair towards 1.9210 (50%fib
• Immediate support is seen at 18991(Lower BB) and break below could take the pair towards 1.8910 (Lower BB).
Recommendation: Good to sell around 1.9120, with stop loss of 1.9200 and target price of 1.9070
