The GBP/AUD pair has moved successively lower as the Pound has depreciated due to Brexit fears and the Australian Dollar has gained strength mainly from rising commodity prices.
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Analysts at Barclays have updated clients with their latest forecasts for the Australian Dollar.
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GBP/AUD is breaking higher suggesting a change of trend could be in the offing
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Strategists at Morgan Stanley believe the risk:position asymmetries in global foreign exchange markets make the British Pound the ideal candidate for a rally.
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Iron Ore traders were the most pessimistic group in a recent survey of commodity practitioners by international commodity and financial services conglomerate Macquarie.
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GBP/AUD is puttering along in a range in the 1.60s but the lack of downside momentum as well as the location of the S1 monthly pivot at the 1.5931 lows seems to indicate the possibility of a reboun…
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Labour market uncertainty, stubbornly low wages and volatility in commodity prices are expected to keep the Australian Dollar under pressure until the end of 2018 say analysts at Aussie lender West…
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