GBP/AUD - Results from #40

10 May 2017 Pound to Australian Dollar Pulls Back from 1.7650 Highs in Rough Morning for Sterling

The Pound lost ground to the Aussie on Wednesday after the government promised more infrastructure spending in their annual budget

08 May 2017 Why the Australian, New Zealand and Canadian Dollars Have been Falling

 A major recent feature of the markets has been the steep decline in commodity prices and a knock-on effect on commodity currencies.

08 May 2017 Pound to Australian Dollar Rate: Pullback Possible?

The Pound to Australian Dollar has had a strong run higher in the previous week as falling commodity prices hit the outlook for the Australian economy. we now note some signs of a potential overbou…

02 May 2017 Reserve Bank of Australia's Next Move "Up; it's Just a Question of When"

The Australian Dollar changed little after the Reserve Bank of Australia (RBA) rate meeting but it did mark a highpoint for the currency from which it spent the rest of the day falling.

30 April 2017 Pound to Australian Dollar Rate Forecast for Coming Week

Price growth extends and we see no reason to suspect it will not continue as there are no bearish indicators on the chart.

23 April 2017 Pound's Upside Progress Against Australian Dollar Could Be Capped in Coming Week

The Pound to Australian Dollar rose strongly in the previous week after Theresa May’s announcement to hold an election in June but it has now reached uncomfortably close to a level which is likely …

19 April 2017 Australian Dollar Looking Increasingly Fragile

GBP/AUD has risen strongly over recent sessions and achieved levels which change the whole outlook for the chart from a technical perspective.

18 April 2017 Australian Dollar Ignores RBA Minutes But Weakens on Devaluation of Iron Ore

Markets surprised by lack of reaction to minutes but then Aussie falls following softening in iron ore prices

17 April 2017 Australian Dollar Softer after Easter Break but Could Still Push Sterling Lower

GBP/AUD is showing bearish potential after rotating lower after encountering resistance at the 200-day MA and the top of a pattern.

12 April 2017 GBP/AUD Reaching Resistance Level at the 200-day Moving Average

 The Pound to Australian Dollar has reached a ‘glass ceiling’ of resistance on price charts which will make it hard for it to rise any further.

09 April 2017 Pound to Australian Dollar Rate: Week-Ahead Forecast

 GBP/AUD has risen over the last week, moving up to a level of 1.6500.

07 April 2017 The Australian Dollar, A Government Report and the Depressing Outlook for Iron Ore

 A report from the Australian government has given a negative forecats for iron ore - but is the report really that negative about Australian trade in general, and what are the implications fo…

05 April 2017 GBP/AUD Outlook: Bullish Tenor to Short-Term Chart

The Pound to Australian Dollar pair has continued rising and building on gains it made after breaking above a key trendline on March 21.

03 April 2017 The Australian Dollar Falls After Shoppers Practice Thrift in February

The Australian Dollar fell against most counterparts on Monday morning after the release of February Retail Sales data showed a disappointing decline in February.

02 April 2017 Pound to Australian Dollar: Week-Ahead Forecast

The Pound to Australian Dollar has seen something of a rebound since the March 16 1.58 lows and is currently trading at 1.6457.

31 March 2017 Australian Dollar at Risk of Weakness as Commodity Price Decline to Extend

The Australian Dollar is likely to weaken over the medium term because of the twin effects of a fall in Chinese demand for Australian commodities and slowing wage growth.

29 March 2017 Australian Dollar Reaches Key Level Against the Euro, and Rotates

EUR/AUD has been sliding lower in a neat descending channel over the last ten months, recently it flirted with a key overhead level - will it push higher or begin a new more bearish phase instead?

26 March 2017 Pound to Australian Dollar Rate 5-Day Outlook: "A bullish Continuation Set-Up"

The GBP/AUD pair has moved successively lower as the Pound has depreciated due to Brexit fears and the Australian Dollar has gained strength mainly from rising commodity prices.

22 March 2017 Pound / Australian Dollar Technical Outlook: Support at 1.60 Defends the Downside but How Far can the Rebound Go?

GBP/AUD is breaking higher suggesting a change of trend could be in the offing

21 March 2017 Australian Dollar to Enjoy Continued Support from Iron Ore Prices as Chinese Steel Mills Ramp Up

Iron Ore traders were the most pessimistic group in a recent survey of commodity practitioners by international commodity and financial services conglomerate Macquarie.