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FX.co ★ providenci91 | GBP/AUD

GBP/AUD

The Bank of England's statement brings nothing new. Essentially, it is a copied version of the April statement. Therefore, the impact of this factor on the movement of the GBP/AUD pair could be considered minimal. Nevertheless, it has moved into a fairly active decline, casting doubt on the further development of the uptrend. Perhaps this is just a simple play that may be short-term in nature. I assume that the bears will close deals around the base of the 88th figure (Murray 2.8).

GBP/AUD

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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