RBA and BoE Hikes Largely Priced — Can GBP/AUD Escape Its Six-Month Range?

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The RBA (4.60% to 4.85%, 81.2% priced) and the BoE (3.75% to 4.00%, 94.4% priced) are both expected to hike this week, so GBP/AUD will hinge on new forecasts and guidance beyond November rather than the hikes themselves. The cross remains inside its 1.8533–1.9360 six-month range.The post RBA and BoE Hikes Largely Priced — Can GBP/AUD Escape Its Six-Month Range? appeared first on ActionForex.