GBP/AUD - Results from #60

19 March 2017 The Pound to Australian Dollar Rate Hovers Over Key Support Level, Could Bounce

GBP/AUD is puttering along in a range in the 1.60s but the lack of downside momentum as well as the location of the S1 monthly pivot at the 1.5931 lows seems to indicate the possibility of a reboun…

17 March 2017 The Australian Dollar Forecast to Decline Over 10% by end of 2018

Labour market uncertainty, stubbornly low wages and volatility in commodity prices are expected to keep the Australian Dollar under pressure until the end of 2018 say analysts at Aussie lender West…

15 March 2017 Australian Dollar to Turn More Bullish against British Pound: Mid-Week Techs

GBP/AUD has formed what looks to be a triangle pattern on the daily chart which bodes bearish for the outlook for the pair.

12 March 2017 GBP/AUD Exchange Rate Forecast for the Coming Week: Expecting More Upside

 The GBP/AUD exchange rate has temporarily broken above the trendline drawn down from the February highs, in a mildly bullish move.

08 March 2017 Australian Dollar Struggles, Watching for a Downside break Against the Pound

GBP/AUD has been tapering to the apex of a steadily narrowing rang between lows at 1.5980 and highs currently at about the 1.6180 level; we look for the exchange rate to potentially break higher.

06 March 2017 The Aussie Dollar Holds Onto Gains As RBA Strikes a Neutral Tone

The Reserve Bank of Australia shifted down a gear from upbeat to mostly neutral in the accompanying statement to their March policy meeting.

05 March 2017 5-Day Forecast for GBP/AUD: Breakout Imminent

GBP/AUD has been tapering to the apex of a steadily narrowing cone-like range, but a breakout now appears to be on the cards.

03 March 2017 Iron Ore Outlook and Implications for the Australian Dollar

 Australia is the largest iron ore producer in the world, what does the outlook for this commodity mean for the Australian Dollar?

03 March 2017 Australian Dollar Slips: What is Eating at the Aussie?

 The Australian Dollar is selling off rather heavily versus the US Dollar, which is causing some concern inside FX circles.

28 February 2017 Australian Dollar Advances on Strong GDP Data, More Gains Against Pound Likely

GBP/AUD has been moving sideways for several weeks now and although it seemed to want to break out to the upside on Friday, the spike was only temporary before the exchange rate retracted and ended…

24 February 2017 Australian Dollar to Remain 'on Top' say Westpac

The Aussie Dollar is the strongest currency in the G10 having risen an average of 6.7% versus its counterparts in 2017.

19 February 2017 UK Pound / Australian Dollar Forecast for the Coming Week: Emerging Triangle Pattern Suggests Relief for Sterling

 GBP/AUD may be forming a triangle pattern as price action consolidates in between two narrowing lines.

15 February 2017 Australian Dollar About to Push Pound Back to 2016 Lows

GBP/AUD is probably forming a three-wave pattern called a measured move, otherwise known as an a-b-c-d pattern – of the bearish variety.

10 February 2017 Chinese Trade Data and RBA Lowe’s Comments Suggest Shift in Stance At Australian Central Bank

Surprisingly strong Chinese trade figures have supported a more positive outlook for the Australian economy delivered in a speech by the Reserve Bank of Australia (RBA) governor at a recent economi…

08 February 2017 The Two Key Levels for Pound / Australian Dollar Rate Over Coming Days

 GBP/AUD is moving in a broad range on the charts without any strong directional bias.

05 February 2017 Pound to Australian Dollar Exchange Rate: Weakness to Extend but Watch RBA Mid-Week

The Australian Dollar continues to defy bearish fundamental forecasts as it tracks higher versus the Pound.

01 February 2017 The Pound to Australian Dollar: 'Strong Uptrend' Forecast to Extend

The GBP/AUD pair is rising in a strong uptrend following a correction back from the 1.6780 highs.

29 January 2017 Outlook for the Pound to Australian Dollar Rate: Favouring a Continuation Higher

 The GBP/AUD has been recovering from lows of 1.60 set in the middle of January to its current level in the 1.66s.

25 January 2017 The Pound to Tick Higher Against Australian Dollar Suggest Forecasts

The GBP/AUD pair has had an especially strong up-day which has now touched tough resistance from the S2 monthly pivot at 1.6681.

22 January 2017 Pound / Australian Dollar Exchange Rate: Predictions for this Week

We are constructive for this pair's outlook and see risks tilted to the upside in the coming week.