GBP/AUD got very close to 1.80 last night and further gains look likely, with previous weekly highs at 1.8500 the obvious target. AUD/NZD is still consolidating below previous lows and a test of large optionality at 1.10 seems inevitable. AUD/JPY is the only one of the major cross pairs where the AUD isn’t getting thrashed but it’s in sideways trading mode still around 93.00.
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