GBP/AUD is forecast to maintain an upward bias in the coming five days. Risks include UK and Aussie labour market data releases and U.S. inflation midweek.
The Aussie Dollar fell ahead of the weekend as investors expressed disappointment towards China's latest stimulus package.
The Australian Dollar has surprised analysts by advancing on confirmation Donald Trump has won the U.S. election.
A Trump victory could boost stocks yet result in a depreciation of the Australian dollar (AUD).
Horizon Currency Ltd
Albany House
40 Shute End
Wokingham
RG40 1BJ Companies House Registration: 11242368
Horizon Currency's payment and foreign currency exchange services are provided by:
Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.