GBP/AUD extended its medium-term downtrend this week, briefly breaking below the 1.86 handle and falling to its lowest level since late 2023 as markets increasingly favored the Australian Dollar’s strong growth and yield profile over Sterling’s mounting political and policy uncertainty. On the Australian side, the story remains overwhelmingly supportive. The Australian Dollar continues benefiting […]The post GBP/AUD Sinks to 1½-Year Lows as Aussie Risk Rally Meets UK Political Paralysis appeared first on ActionForex.