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AUD/USD, GBP/USD, and GBP/AUD Trades After CPI, Jobs Data

January 22, 2014

Christopher Vecchio

Talking Points: - AUDUSD jumps on strong 4Q'13 CPI. - GBPUSD benefits from impressive November and December labor data. - GBPAUD stuck in range A$1.8500-1.8750. Price pressures are heating up in Australia and the UK labor market is surging, giving both the AUDUSD and GBPUSD a lift today. Both the AUDUSD and GBPUSD are at inflection points. This also opens up the door for a potential turning point in GBPAUD. Follow him on Twitter at @CVecchioFX

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Source: DailyFx

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