GBP Trading Outlook
Japanese buyers returned to AUD/JPY yesterday and bids are reported at 93.25. Stop-loss sell orders are expected to be large in AUD/USD below .9050.
Most orders get cancelled on a Friday so we must wait and see what returns. There was talk on Friday of good-sized interest to sell EUR/AUD above 1.5000.
Go to The Sterling (GBP) Archive