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The technical outlook for GBP/AUD is complex and made all the more so by this morning's decline. The pair had been showing signs it was beginning a new short-term uptrend after unfolding a new set of peaks and troughs higher on the 4 hr chart.
November 26,2018
Analysts optimistic on Australian Dollar's outlook owing to expected pick-up in wages.
November 24,2018
The Australian Dollar is undervalued and its Kiwi counterpart currently trades at a premium to "fair value", acccording to analysts at Westpac, who say the AUD/NZD rate should now rise as the valuation mismatch is corrected by the market.
November 23,2018
The Australian Dollar bounced out of an earlier trough Wednesday after international stock markets stabilised and as the safe-haven U.S. greenback softened.
November 21,2018
The GBP/AUD rate has been falling within a steep downtrend ever since peaking at the 1.87 October highs but the pair is now approaching a major area of support, where it could steady.
November 19,2018
The Australian Dollar shifted onto its back foot in the final session of the week after failing to hold an earlier two-month high, but the 2019 year ahead will be kinder to the currency than 2018 according to analysts at Goldman Sachs.
November 16,2018
The Pound-to-Australian-Dollar rate is close to bottoming out following this week's Brexit-induced plunge but any recovery will first require Brexiteering British politicians to abandon their rebellion, according to strategists at Westpac.
November 15,2018
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