Prior GBP/AUD analysis:
UK standpoint could lie in the hands of the BoE at midday where more heavy news is due to impact. Aussie is a G10 outperformer following a pretty resounding labour report in terms of the key metrics that smashed consensus forecasts. From a technical standpoint without going to much into details, there is possible further lower price to be printed if the lower boundary of the larger trednline breaks.
UK standpoint could lie in the hands of the BoE at midday where more heavy news is due to impact. Aussie is a G10 outperformer following a pretty resounding labour report in terms of the key metrics that smashed consensus forecasts. From a technical standpoint without going to much into details, there is possible further lower price to be printed if the lower boundary of the larger trednline breaks.
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