•GBP/USD tumbled to a three-week low against the dollar after data showed the manufacturing sector activity in the UK economy decelerated slightly in the month of September.
•The pair is currently trading around 1.3278, having hit a low of 1.3262; lowest since Sept. 14.
•Immediate resistance is located at 1.3320/45 [20 DMA] area, a break above could take it to 1.3445.
•On the downside, minor support is seen at 1.3250, a break below targets 1.3215 [Fib 50.0% retracement of 1.2773 to 1.3656].
•Support: 1.3250, 1.3215 & 1.3155 [200 SMA].
•Resistance: 1.3320/45 & 1.3445/50.
•Recommendation: Sell on rally around 1.3340 with SL above: 1.3380 and TP: 1.3280/1.3250/1.3215.