The pound is flashing signs it might be about to start a rebound versus the Australian dollar which is trading subdued as a result of traders standing aside until key data is released this week.
October 25,2016
The Australian lender sees a probable range-bound consolidation unfolding as risks remain tilted to the downside.
October 20,2016
GBP/AUD keeps falling and now lies within threatening range of the 1.5580 flash crash lows.
October 18,2016
Various perspectives on the Australian dollar seem to share a rather pessimistic longer-term view, although this is more than matched by the pound’s negative outlook in the GBP/AUD pair.
October 15,2016
Better-than-expected consumer sentiment data is the latest piece of data to support the Aussie dollar, but given charts are pointing to the possibility the pair may have formed an exhaustion low, could sterling start to take over the driving seat.
October 14,2016
Technical signs that the pair may have formed a potential bottom conflict with a firm advantage for the Australian dollar based purely on interest rate differentials.
October 11,2016
The GBP/AUD pair is falling, driven by concerns about sterling caused by the Brexit saga, whilst the Aussie has taken on a more neutral role.
October 7,2016
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