Australian Dollar forecast is somewhat mixed for the next few days, but I am sure it will have a lasting impact on the value of GBPAUD for the remainder of the year. We have a host of economic information coming out from around the globe including data from the US, Australia, China and the UK. US Unemployment will be key on Friday but also watch out for the UK Autumn Budget Statement on Wednesday.
Watch out for news from China as they show a continual downward trend in growth which is one of the main reasons we have seen Oil prices fall 40% in the last 3 months. Oil prices are having an impact on all natural resources prices and as Australia is heavily reliant on the exports of its natural resources watch out for any intervention.
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