GBP/AUD could get hammered down -20.5%
The Pound could be going to get hammered and pummeled heavily in the exchange rate with the Australian Dollar.
Necessity to improve exports and improve the balance of trade deficits, and consistent outflows from Sterling will see the Pound depreciating -20.5% toward the Australian Dollar.
The chart on a monthly time frame, structures a Bearish Wedge, which could be a technical spark of Pound exchange rate depreciation.
Necessity to improve exports and improve the balance of trade deficits, and consistent outflows from Sterling will see the Pound depreciating -20.5% toward the Australian Dollar.
The chart on a monthly time frame, structures a Bearish Wedge, which could be a technical spark of Pound exchange rate depreciation.