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GBP/AUD: indicates the rate of the pound to the Australian dollar. Highly volatile. Often it’s very difficult to predict the movement of the price; currently, the UK economy is at the crossroads due to Brexit, while the Australian economy heavily depends on the climate, export of natural resources, agricultural products and the state of mining industry. There’s a negative correlation of the pair with AUD/USD and AUD/CAD. Both currencies are influenced by economic indicators of the US: inflation, unemployment, interest rate, etc. The pair offers a lot of opportunities for short-term trading.
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News of the day, Friday, 14 January:
China's exports severely outnumbered imports, achieving an all-time …
Read more...The GBP/USD pair starts today's trading with a bullish bias as a sign of heading …
Read more...Gold price provided additional negative trades yesterday and tried to stay away from the 1825.15 …
Read more...The general trend is ascending. The currency pair fluctuates inside the top border of the …
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News of the day, Thursday, 13 January
European markets decrease after USA monetary policy …
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Gold price closed the daily candle above the level of 1825.15, reinforcing the expectations of …
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