To us, near-term momentum appears to favour the Australian Dollar, and as such we will be looking for a break of support at 1.7950 for confirmation of further losses in GBP/AUD. But, much will depend on wage data releases out of both Australia and Britain this week.
May 13,2018
Exchange rate forecasts, economic data, events, and analysts' views for the GBP/AUD pair in the week ahead.
May 8,2018
Momentum does appear to reside with Sterling from a technical standpoint and we would therefore suggest further advances are likely. Watch employment data out of both Australia and the UK for fundamental triggers.
April 15,2018
The GBP/AUD pair continues to bang up against solid resistance from the 200-week moving average as we enter the new trading week.
April 9,2018
The exchange rate is in an established uptrend but it has now met firm resistance overhead from the 200-week moving average (MA) which is capping further gains.
April 3,2018
The Pound-to-Australian Dollar rate is in a steep uptrend which is likely to continue after forming a reliable continuation pattern during the previous week.
March 26,2018
GBP/AUD continues to trade with a bullish bias despite the Aussie gaining from a positive global outlook and an upbeat central bank.
March 12,2018
GBP/AUD has been trading sideways over the last week but there is a possibility it could go higher in the week ahead.
March 5,2018
GBP/AUD has been rising steadily and is tipped to go even higher in the week ahead if it can break above the 1.80 highs.
February 26,2018
February 19,2018
February 12,2018
February 5,2018
January 29,2018
<>A lack of data from Australia means UK themes may dominate and the trend is at risk of rising on easing Brexit concerns.
January 22,2018
Jobs data is the highlight of the calendar in the week ahead for the Australian Dollar, whilst inflation and retail sales data dominate the outlook for the Pound - the charts show the pair at a crossroads with the potential to rotate higher.
January 15,2018
The main release in Australia is retail sales as analysts attempt to evaluate changing economic conditions, whilst the Pound sees the release of trade data and growth estimates - and charts show a market propensity for Aussie strength.
January 7,2018
The Aussie will be directed by next week's assessment by its central bank, the Pound by politics and Brussels, and the chart of the pair looks bullish suggesting the potential for more upside for the Sterling.
December 4,2017
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