GBPAUD rates still sit towards high levels however today I expect to be a quiet day for the pair. We have little data due from the UK, CHINA, USA and Australia to impact the pairing and with both Australia and New Zealand closed today for Anzac Day little impact is expected. Rates are however still respectively high even after the NZ Central bank raising interest rates earlier this week.
GBPAUD rates are at a MONTH HIGH currently, up 4 cents in the last 10 days!
We are still however down compared to the high levels that we saw earlier this year.
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