The Australian Employment Report for November showed a loss in full-time positions and the creation in part-time jobs. This added to bearish pressures in the Australian Dollar which helped the GBPAUD extend its most recent breakout.
All eyes are now on UK retail sales as well as the Bank of England meeting where no chance is expected, but forex traders will seek clues for 2019. How will this impact the British Pound?
Will it be enough for price action to extend its rally or is a reversal around the corner? Get your GBPAUD trading set-up now at PaxForex Daily Fundamental Analysis where you earn more pips per trade!
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