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• GBP/AUD fell on Tuesday after UK survey data confirmed a slowdown in factory activity in September.
• The S&P Global UK Manufacturing Purchasing Managers' Index slipped to 51.5 in September, unchanged from a preliminary estimate.
• The highlight of this week for markets is the U.S. jobs report set for release on Friday, which will provide insights into the health of the world's largest economy and the direction of Federal Reserve policy.
• Technical are bearish, daily RSI is negative at 47, daily momentum studies 11and 14 DMAs are trending down.
• Immediate resistance is located at 1.9371(50%fib ), any close above will push the pair towards 1.9395 (Sep 30th high).
• Strong support is seen at 1.9283(38.2%fib) and break below could take the pair towards 1.9175 (Jul 16th low).
Recommendation: Good to sell around 1.9310 , with stop loss of 1.9400 and target price of 1.9210
