GBP/AUD has formed what looks to be a triangle pattern on the daily chart which bodes bearish for the outlook for the pair.
Read more … → The GBP/AUD exchange rate has temporarily broken above the trendline drawn down from the February highs, in a mildly bullish move.
Read more … →Positive economic data, showing a still-buoyant housing market has sparked a recovery on AUD/USD after it reached support from a cluster of moving averages in the 0.75s.
Read more … →GBP/AUD has been tapering to the apex of a steadily narrowing rang between lows at 1.5980 and highs currently at about the 1.6180 level; we look for the exchange rate to potentially break higher.
Read more … →The Reserve Bank of Australia shifted down a gear from upbeat to mostly neutral in the accompanying statement to their March policy meeting.
Read more … →GBP/AUD has been tapering to the apex of a steadily narrowing cone-like range, but a breakout now appears to be on the cards.
Read more … → Australia is the largest iron ore producer in the world, what does the outlook for this commodity mean for the Australian Dollar?
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