
Trend check: GBP/AUD needs hotter inflation data
GBP/AUD bounced off Fibonacci support, but Chinese retail sales fell 0.6%. See how UK CPI data could break the stalemate before the BoE meets.

GBP/AUD bounced off Fibonacci support, but Chinese retail sales fell 0.6%. See how UK CPI data could break the stalemate before the BoE meets.

EUR/USD bounced off 1.1500, but the MACD stays below zero. I explain why this is a risky mean reversion play, not a true trend reversal yet.