• GBP/AUD remained within a narrow range on Tuesday as investors focused on the upcoming purchasing managers index (PMI) numbers from the UK.
• The upcoming flash PMI survey data for August will offer crucial insights into the UK’s economic growth and inflation trends.
• This comes at a time when opinions on the Bank of England’s future policy direction remain divided.
• Technical are bearish, daily RSI is negative at 43 , daily momentum studies 9 and 10 DMAs are trending down.
• Immediate resistance is located at 1.9389 (50%fib ), any close above will push the pair towards 1.9496 (61.8%fib).
• Strong support is seen at 1.9288(38.2%fib ), and break below could take the pair towards 1.9181 (Lower BB).
Recommendation: Good to sell on around 1.9330 with stop loss of 1.9400 and target price of 1.9260


GBPJPY Weakens on Soft UK CPI: Sell Below 217.80 Targeting 216.40
AUDJPY Pulls Back on Profit Booking: Buy Dips Toward 117/118
Major Pair Action Bias: USDCHF Turns Bullish as EURUSD Stays Bearish – Key Pairs to Watch
Major Pairs Bias: USDCHF Bullish While GBPUSD Turns Bearish
JPY Action Bias: USDJPY, AUDJPY & EURJPY Turn Extremely Bullish – Top Pairs to Watch
Major Crypto Action Bias: ETHUSD Turns Bullish – Only Bullish Pair to Watch
FxWirePro:USD/JPY hovers near 40-year peak,intervention fears linger
FxWirePro: USD/CAD retreats slightly but trend is still bullish
FxWirePro: USD/CNY gains some upside momentum but bias still bearish
JPY Strength Alert: USDJPY, AUDJPY, EURJPY and CADJPY Turn Extremely Bullish
FxWirePro:NZD/USD edges higher as kiwi firms on hawkish RBNZ outlook
AUDJPY Extends Four-Day Rally as Yen Weakness Fuels Fresh Buying Opportunity
FxWirePro: GBP/AUD dips amid heightened Geopolitical concerns
FxWirePro: AUD/USD rallies on jobs surge, heads to test key resistance
FxWirePro- Woodies pivot (Major) 



