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“Sterling’s recent rally has supported a total gain of about 6% in our long GBPAUD trade since we initiated on 23 March,” says Hamish Pepper at Barclays.
April 25,2017
The Australian Dollar continues to trade in a sideways range in most pairs, but in the short-term at least it could get a back-draught from the weather.
April 24,2017
The Pound to Australian Dollar rose strongly in the previous week after Theresa May’s announcement to hold an election in June but it has now reached uncomfortably close to a level which is likely to cap future progress higher.
April 24,2017
GBP/AUD has risen strongly over recent sessions and achieved levels which change the whole outlook for the chart from a technical perspective.
April 20,2017
Markets surprised by lack of reaction to minutes but then Aussie falls following softening in iron ore prices
April 18,2017
Two major institutional strategists have come out to call the GBP/AUD exchange rate higher in the near-term.
April 18,2017
GBP/AUD is showing bearish potential after rotating lower after encountering resistance at the 200-day MA and the top of a pattern.
April 18,2017
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