The string of news events as of late has done a wonderful job of hammering this pair down, if we close under 38.2% (1.556) then next target will be 50% (1.537)
while exposure is slightly greater for AUD than GBP on this pair, definitely locking some profit and keeping an eye for tonights GBP announcements. announcing another round of QE could weaken the pair and help bring down GBPAUD further
while exposure is slightly greater for AUD than GBP on this pair, definitely locking some profit and keeping an eye for tonights GBP announcements. announcing another round of QE could weaken the pair and help bring down GBPAUD further