9 Aug 2013
GBP/AUD trading sideways as losses pared
FXstreet.com (New York) - The GBP/AUD has been trading in a rangebound consolidation Friday morning, unable to breakout in either direction thus far.
GBP/AUD technical levels
Later today at 1:30 GMT, the RBA is releasing its Monetary policy statement – in addition, China is slated CPI and PPI in July, which both could potentially be market movers.
GBP/AUD technical levels
At the time of writing, the GBP/AUD is currently incurring a marginal loss of -0.01% Friday morning during Asian trading, having settled at 1.7066. Technically speaking, the GBP/AUD will encounter support at 1.7036 (August 8 low), ahead 1.6999 (July 30 high).
GBP/AUD technical levels
Later today at 1:30 GMT, the RBA is releasing its Monetary policy statement – in addition, China is slated CPI and PPI in July, which both could potentially be market movers.
GBP/AUD technical levels
At the time of writing, the GBP/AUD is currently incurring a marginal loss of -0.01% Friday morning during Asian trading, having settled at 1.7066. Technically speaking, the GBP/AUD will encounter support at 1.7036 (August 8 low), ahead 1.6999 (July 30 high).