GBP/AUD pushed higher again today, extending its rebound from 2.0420 as Sterling found fresh support from hotter-than-expected UK inflation. The data have raised fresh doubts over whether BoE can cut again in November, shifting the near-term balance toward hawkish caution. The backdrop is significant: BoE’s most recent 25bps cut to 4.00% was already a hawkishly […]
The post GBP/AUD to clear 2.10, eyeing 2.16 as UK data lifts sterling, risk-off weighs on Aussie appeared first on Action Forex.
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