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FxWirePro: GBP/AUD eases despite better-than-expected UK GDP growth data

• GBP/AUD pair weakened on Thursday  as  slightly better UK GDP data  failed to provide a strong impetus for   bulls.

• Britain's economy unexpectedly grew in June as companies ⁠enjoyed a respite from the energy price surge caused by the Iran war, the start of ​the men's soccer World Cup and hot weather, official data showed.

•Gross domestic product rose by 0.3% in ​June, putting Britain on course for the strongest growth among the Group of Seven rich economies in the first half of 2026, after being flat in May. The pound , though, was largely unchanged against the dollar ​as the data did little to change near-term interest rate expectations..

•Today's UK data did little to alter the policy outlook, with a November hike still seen at 60% and a total of 27 bps of hikes priced in by the December MPC meeting.

• Immediate resistance is located at 1.9148(50%fib), any close above will push the pair towards 1.9241(Higher BB).

• Immediate support is seen at 1.9000 (Psychological level) and break below could take the pair towards 1.8881(38.2%fib).

Recommendation: Good to sell around 1.9110, with stop loss of 1.9150 and target price of 1.9020

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