The Pound to Australian Dollar exchange rate entered the new week teetering at a technical inflection point on the charts with antipodean inflation figures and a Federal Reserve (Fed) decision set to determine if it rises back toward earlier highs or breaks further below ahead of the next weekend. 

July 25,2023

A strong Australian jobs report and a boost to the Chinese Yuan have conspired to propel the Australian Dollar to the top of the leaderboard on July 20.

July 20,2023

The Pound to Australian Dollar exchange rate wilted further from its highest since April 2020 in the opening half of the week but could find losses limited by an earlier technical resistance on the charts in the short-term even as twin fundamental and technical headwinds scupper any attempted reapproach of 1.93. 

July 19,2023

For a boost, the Aussie Dollar will need a surprisingly strong Australian inflation reading next week to prod the Reserve Bank of Australia (RBA) into restarting its interest rate hiking cycle.

July 18,2023

GBPAUD uptrend remains alive despite recent pullback.

July 17,2023

The Australian Dollar appeared to bid goodbye to one while offering a salute to another in the final session of the week after the chancellor announced the appointment of a lady to the high chair of the manor at the Reserve Bank of Australia (RBA) in a succession of now outgoing Governor Philip Lowe.

July 14,2023

Australian Dollar losses and a rally by Sterling have lifted GBP/AUD near to its coronavirus crisis highs and few, if any, analysts expect this week's Reserve Bank of New Zealand (RBNZ) interest rate decision or speech from Reserve Bank of Australia (RBA) Governor Philip Lowe to overturn the apple cart anytime soon.

July 11,2023

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