FX Watch: AUD/USD nearing trendline support, EUR/GBP inching towards 2022 lows – IG
FX Watch: AUD/USD is approaching trendline support, while EUR/GBP is edging closer to its 2022 lows. The Australian dollar versus the US dollar is currently hovering near a key trendline, indicating a potential level of support for the currency pair. On the other hand, the euro against the British pound is inching towards its lowest point of the year so far. Traders will be keeping a close eye on these levels as they could provide important signals for future price movements.