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GBP/AUD is probably forming a three-wave pattern called a measured move, otherwise known as an a-b-c-d pattern – of the bearish variety.
February 16,2017
GBP/AUD is currently unfolding in a bearish measured move, also known as an a-b-c-d pattern, lower.
February 13,2017
The Reserve Bank of Australia (RBA) and its governor Philip Lowe have been accused of being overoptimistic in recent commentary, but today’s better-than-expected Chinese data and the bullish AUD/USD chart suggest otherwise.
February 10,2017
Surprisingly strong Chinese trade figures have supported a more positive outlook for the Australian economy delivered in a speech by the Reserve Bank of Australia (RBA) governor at a recent economic forum.
February 10,2017
GBP/AUD is moving in a broad range on the charts without any strong directional bias.
February 9,2017
There was a general consensus amongst analysts that the statement published by the Reserve Bank of Australia (RBA) after their rate meeting on Tuesday morning, revealed a more upbeat assessment of the economy.
February 8,2017
The Australian Dollar continues to defy bearish fundamental forecasts as it tracks higher versus the Pound.
February 6,2017
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