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• GBP/ AUD eased on Monday as investors awaited this week’s UK economic data that will set the tone for the Bank of England's next meeting .
• UK February jobs figures are due on Tuesday, which will include wage growth figures, and March inflation numbers are out on Wednesday.
• The pair was after hitting daily high at 1.8555 it turned lower, it was last trading at 1.8466.
• Technical signals are neutral as RSI is flat ,while moving averages are trending down.
• Immediate resistance is located at 1.8554( 11DMA), any close above will push the pair towards 1.8659(23.6%fib).
• Immediate support is seen at 1.8412 (38.2%fib) and break below could take the pair towards 1.8288 (April 24th low).
Recommendation: Good to buy around 1.8430, with stop loss of 1.8300 and target price of 1.8550
