After a shaky start, the pound has recovered versus the Australian Dollar this week.
May 17,2017
GBP/AUD has formed a bearish topping pattern on the daily chart, which suggests a strong possibility of further downside.
May 15,2017
The Australia Dollar is vulnerable to weakness whilst the Pound is a hidden gem according to analysts at Morgan Stanley.
May 12,2017
The Pound lost ground to the Aussie on Wednesday after the government promised more infrastructure spending in their annual budget
May 10,2017
A major recent feature of the markets has been the steep decline in commodity prices and a knock-on effect on commodity currencies.
May 9,2017
The Pound to Australian Dollar has had a strong run higher in the previous week as falling commodity prices hit the outlook for the Australian economy. we now note some signs of a potential overbought scenario in the pair.
May 9,2017
The Pound to Australian Dollar exchange rate reached a high of 1.7392 on Thursday, May 4. The last time this level was attained was back in September 19, 2016.
May 4,2017
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