GBP/AUD Long? Only after CPI
The fact the Pound hasn't managed to catch a Bid since Mark Carney raised interest rates is relatively unusual. Today's Average Wage number played a part in the Pound have a decent day and tomorrow's number will play another part in whether we have a trade to take. The daily bar ended up closing as a Spinning Top, indicative with an indecisive market. I'd quite like to see how tomorrow pan's out and then see if the Pound is still able to hold on to gains before buying.
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