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GBP/AUD is in a strong uptrend as Trump’s presidential win changes the outlook for global yields diverting flows away from commodity currencies which were previously much in demand.
November 21,2016
The GBP/AUD pair has broken above key resistance provided by the major trend-line and is not consolidating ahead of another possible leg higher.
November 18,2016
The Pound has suddenly turned the tables on the Aussie, which seemed invulnerable pre-Trump, but is now losing out as interest rates rise globally reducing the Aussie’s previous yield advantage.
November 15,2016
The Pound to Australian Dollar exchange rate (GBP/AUD) traded towards lows below 1.60 in the 24 hours following Donald Trump’s victory in the US Presidential Elections.
November 11,2016
The GBP/AUD pair is starting to move lower in line with the dominant medium-term downtrend after a positive assessment by the Reserve Bank of Australia (RBA) lessened fears they would devalue the currency. But is this likely to last given fresh concerns sparked by recent Chinese FX data?
November 9,2016
The Pound to Australian Dollar exchange rate finally broke higher during the week 31st October through to November 4th.
November 8,2016
GBP/AUD has traded in an increasingly compressed range which suggests a breakout is nigh.
November 4,2016
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