GBP/AUD Signals Bearishness Amid Surging Housing Market in Australia

GBP/AUD Forecast – 18th March 2021 Australia – House Price Index On Tuesday, at GMT 12:30 a.m., the Australian Bureau of Statistics released the House Price Index (HPI). It measures the changes in the selling price of houses in the 8 state capitals in Australia. Rising house prices indicate that investors are confident about purchasing […]

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GBP/AUD Likely to Remain Bullish as UK’s Manufacturing Sector Picks Up the Pace

United Kingdom – Final Manufacturing PMI On Monday, at GMT 9:30 a.m., the Markit released the United Kingdom’s final manufacturing purchasing managers’ index (PMI) figure. It measures the level of a diffusion index by surveying around 600 purchasing managers in the country. The PMI is calculated based on survey questions covering employment, production, and price […]

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GBP/AUD Likely to Continue Bearish Moves During Holidays Amid Forecast of Growing Private Sector Credit in Australia

Australia – Private Sector Credit On Monday, at GMT 12:30 a.m., the Reserve Bank of Australia will release the month-over-month Private Sector Credit data. It measures the changes in the total value of new credit issued to consumers and corporations in the country over the previous month. Binary options traders consider the private sector credit […]

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