FX analysis video discussing the technical outlook for GBP/USD, AUD/USD and GBP/AUD in the light of UK inflation expectations and a surprise rate cut by the Reserve Bank of Australia.
Michael Hewson looks at price targets, support/resistance levels and current trends for:
- GBP/USD – Inflation forecast sees rate break below $1.5350 and target $1.5035
- AUD/USD – RBA rate cut rebalances rate differentials and targets $0.95 level
- GBP/AUD – Trend line resistance at A$1.5425
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Video content by Michael Hewson of CMC Markets.
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