The Pound looks vulnerable to further losses agains the Australian Dollar suggest our recent technical studies of the GBP/AUD pair.
June 17,2019
The Pound has recovered ground against the Australian Dollar over the duration of June, but there are growing concerns the recovery is starting to fade.
June 14,2019
The Australian Dollar was under pressure again Thursday after official data showed the unemployment rate remaining at an elevated level in May when financial markets had looked for it to pare back an earlier increase, which has encouraged speculation of further interest rate cuts to come.
June 13,2019
The Aussie currency has recently failed to overcome a key technical barrier to further gains and is now likely to beat a retreat from six-week highs struck at the beginning of June according to analysts at Commerzbank, which could help support the Pound-to-Australian-Dollar rate.
June 12,2019
The Australian Dollar slumped into the new week Monday after official data revealed a surprise and steep fall in the value of Chinese goods imports took place last month, stoking fears for the health of the world's second largest economy and putting the Aussie under pressure again.
June 10,2019
The Pound is looking broadly negatively aligned against the Australian Dollar, but there appears to be the prospect for sideways movement in GBP/AUD over the coming week.
June 9,2019
The Australian Dollar will probably continue to defy gravity and bounce in the short-term, but eventually, the currency will recapitulate and continue its longer-term downtrend to new lows, says asset manager AMP Capital.
June 7,2019
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