FX Watch: GBP/AUD and AUD/JPY Resistance Zones For a Dovish RBA

The RBA is widely expected to cut rates in this week’s meeting, but what if they announce a larger than expected 0.50% reduction? Here’s what I’m watching on AUD/JPY and GBP/AUD if this happens.

May 19, 2025 - 19:36
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FX Watch: GBP/AUD and AUD/JPY Resistance Zones For a Dovish RBA

The RBA is widely expected to cut rates in this week’s meeting, but what if they announce a larger than expected 0.50% reduction? Here’s what I’m watching on AUD/JPY and GBP/AUD if this happens.