The Pound to Australian Dollar (GBP/AUD) exchange rate's rally is intact, but a retracement to support located at 2.0110 could see us into the new year.
December 30,2024
The British Pound can ease back from recent highs against the Australian Dollar, although the bigger picture remains constructive.
December 23,2024
The Pound has surged to a new four-year high against the Australian Dollar following the Federal Reserve's December policy update. However, GBP/AUD now screens as overbought.
December 19,2024
The Australian Dollar was broadly lower following weak Chinese retail sales data.
December 17,2024
The Pound to Australian Dollar (GBP/AUD) exchange rate could retest 2.0 this week.
December 16,2024
The Australian Dollar rose and RBA rate cut expectations retreated following the release of labour market data.
December 12,2024
The Australian Dollar's selloff accelerated in midweek trade amidst talk of Chinese Yuan devaluation and more 'dovish' commentary from the Reserve Bank of Australia (RBA).
December 11,2024
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