GBP/USD, GBP/AUD: Sterling Rally Faces a BoE Reality Check
Sterling faces a reality check as the BoE prepares to hike rates. GBP/USD and GBP/AUD approach resistance, leaving bulls vulnerable to dovish guidance.
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British Pound Rallies into CPI as BoE Hike Bets Firm - GBP/USD, GBP/AUD
Sterling rallies ahead of UK inflation as BoE hike bets firm. GBP/USD tests resistance while GBP/AUD forms a potential bullish reversal.
GBP/AUD falling wedge points to bullish breakout risk ahead of RBA minutes
GBP/AUD is forming a potential bullish continuation pattern, with RBA minutes, Australian unemployment and Bank of England commentary among the catalysts that could spark a breakout.
British Pound Outlook: GBP Recovery Mixed as BOE Hike Bets Rise
BOE hike bets are rising as the British pound recovers, with GBP strength most promising against the Australian and Canadian dollars.
EUR/AUD, GBP/AUD Outlook: Rates, risk and metals reinforce bearish technical case
EUR/AUD and GBP/AUD are coiling near support, with recent correlations suggesting the Aussie’s strength is being driven more by rates, risk and metals than energy.
Aussie Dollar Gains as RBA Hike Bets Surge
RBA hike pricing has surged as inflation, spending and GDP all beat expectations, adding to tailwinds for the AUD from stronger metals prices.
Australian Dollar Price Action Setups: EUR/NZD, GBP/AUD, EUR/AUD
AUD/NZD eyes a breakout while GBP/AUD and EUR/AUD remain under pressure, though near-term momentum warns of potential Aussie pullbacks.
EUR/AUD, GBP/AUD, AUD/NZD: Aussie dollar charging as hawkish RBA bets build
Australia’s latest inflation report was ugly enough to make mortgage holders feel sick, and traders have responded by rapidly ramping up RBA hike bets. The Aussie is now breaking key levels across the major crosses.
EUR/AUD, GBP/AUD face growing Aussie tailwinds
A likely RBA hawkish hold and higher energy prices are strengthening the fundamental case for the Australian dollar against European currencies. EUR/AUD and GBP/AUD are in focus as traders assess whether those macro tailwinds translate to fresh downside.
British Pound Surges on Treasury Pick Bets, GBP/AUD Eyes Breakout
Sterling rallies on reports of a fiscally cautious Treasury pick, lifting GBP/USD above 1.3500 as GBP/AUD presses against key resistance.
GBP/USD Bullish Key Reversal Warns Sterling Selloff May Be Exhausted
Sterling crosses are suddenly getting interesting again. With UK political fears temporarily fading and markets pricing at least two more BoE hikes this year, traders are now looking to UK data and inflation risks for direction.
GBP/USD Bullish Key Reversal Warns Sterling Selloff May Be Exhausted
Sterling crosses are suddenly getting interesting again. With UK political fears temporarily fading and markets pricing at least two more BoE hikes this year, traders are now looking to UK data and inflation risks for direction.
EUR/AUD, GBP/AUD, AUD/JPY: Trump pause sparks trend breaks across AUD crosses
The drop in energy prices has triggered a clear shift in FX. Moves in EUR/AUD and GBP/AUD suggest the Aussie’s terms of trade tailwind may be fading.
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