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.
Articles tagged with "gbp-aud"
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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.
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.
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.
GBP/AUD cracks key support despite GDP upside surprise
GBP/AUD finally cracked and held beneath 2.000 after sterling’s GDP pop fizzled. With bearish momentum building, the risk is a push towards even lower levels.
Shooting Star Keeps GBP/AUD Bears Focus Below 2.0300
A shooting star reversal and improving risk tone put GBP/AUD downside firmly on the radar.
Australian Dollar Outlook: EUR/AUD and GBP/AUD Smash Through Resistance
Credit turmoil and a jobs shock have put the Australian dollar on the defensive, sending EUR/AUD and GBP/AUD sharply higher.
US Dollar Reverses Post-Fed: AUD/USD, GBP/AUD in Focus for AU Jobs, UK CPI
US dollar rebounds post-Fed as AUD/USD and GBP/AUD traders eye Australia jobs and UK inflation data for the next key moves.
British Pound Price Action Setups: GBP/USD, GBP/JPY, GBP/CAD, GBP/CAD
The British pound tests key levels across majors. GBP/USD eyes 1.36, GBP/JPY consolidates above 200, GBP/CAD stalls at resistance, and GBP/AUD stays under pressure.
EUR/AUD, GBP/AUD: AUD tailwinds driving fresh bearish pressure
Chinese market strength, firmer commodities and pared-back RBA cut expectations have hammered EUR/AUD and GBP/AUD, leaving both pairs threatening fresh lows. With the Fed’s easing tilt boosting global sentiment, AUD’s cyclical tailwinds may yet extend the move.
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