GBP/AUD finally broke out from medium term consolidation and resume down trend this week. EUR/AUD is also following and look ready for down trend resumption too. The development came as commodity currencies generally responded better to receding expectation of another 75bps Fed hike, than European majors. GBP/AUD’s fall is seen as part of the down […]
The post GBP/AUD breaks out from medium term range, EUR/AUD to follow appeared first on Action Forex.
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