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The Pound to Australian Dollar exchange rate has remained close to six month highs in recent trade but its recovery from the post-referendum lows plumbed in late September has been stalled by a thicket of technical resistances that could keep Sterling contained below roughly the 1.8000 level in the days ahead.
October 25,2022
AUD and NZD are set to extend their decline as commodity prices prove unsupportive and a fall in global stock markets continues well into 2023.
October 13,2022
The Pound to Australian Dollar exchange rate has rallied sharply over the last fortnight and entered the new week on the front foot but could struggle to extend its recovery much beyond the current 1.76 level in the days ahead.
October 11,2022
Goldman Sachs cut AUD forecasts, raising GBP/AUD forecast profile. Credit Suisse says staying bearish AUD.
October 10,2022
AUD found support following another data release confirming Australia continues to run a trade surplus.
October 6,2022
The Australian Dollar was lower after the Reserve Bank of Australia (RBA) signalled the top in Aussie interest rates was nearing after it delivered a 25 basis point interest rate hike.
October 4,2022
GBP/AUD up 5.0% last week alone, consolidates ahead of RBA which is this week's biggest risk.
October 3,2022
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