GBP/USD Breakout May be Leading GBP/AUD after BoE

Talking Points:

- British Pound surges across the board after BoE's QIR.

- GBPUSD breakout provoked by Yellen - Carney carrying the load now.

- GBPAUD steadies near range support and heads towards breakout level.

To keep up with developments regarding central banks and their impacts on the major currencies, be sure to sign up for my distribution list.

The Bank of England has outlined an optimistic view for the UK economy in the future, lifting the British Pound to fresh monthly highs versus several of its major counterparts.

Read more: GBP/USD Surges Through $1.65 on BoE's Quarterly Inflation Report

--- Written by Christopher Vecchio, Currency Analyst

To contact Christopher Vecchio, e-mail [email protected]

Follow him on Twitter at @CVecchioFX


original source