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AU jobs report and BOE leave GBP/AUD in a precarious spot

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Data-starved traders finally got some much needed morsels to chew on, namely the AU employment report in today’s Asian session and this morning’s BOE “Super Thursday” festivities. Let’s tackle these key releases in order and discuss what they may mean for GBP/AUD, a notoriously volatile currency pair. Though today’s AU jobs report was nowhere near the incredible (literally, some traders did not consider the numbers credible) readings of the last two months, which averaged in excess of 65k jobs

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