The Australian Dollar offers value at current levels according to a new analysis that follows the release of Australian inflation numbers for the third quarter and news of a looming Chinese fiscal stimulus.
Pound to Australian Dollar Week Ahead Forecast: 60% Chance of Further Gains (But with a Big Disclaimer)
- Category: AUD
GBP/AUD has started to build some tentative upside momentum and we think this can extend in the coming week.
Sell GBP/AUD, Say HSBC Tacticians
- Category: AUD
Buy Australian Dollars by selling Pound Sterling - this is the new trade recommendation by HSBC's tactical FX desk.
The Pound to Australian Dollar exchange rate (GBP/AUD) is supported, but there is limited prospect of a sizeable appreciation in the near future.
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