Market Analysis
AUDUSD midweek: Aussie reclaims 0.6987 after Monday dip, 2026-07-13
AUDUSD trades at 0.69875 midweek, up roughly 46 pips from Monday's open, with a thin back-half calendar and the daily PBOC fix in focus.
2 min readGBPJPY trades at 217.559 as of Wednesday's close, up about 87 pips from Monday's open at 216.69. The week's high sits at 217.58, printed Wednesday, and the low is 216.663 from Monday's session. Price has climbed each day so far, a clean three-bar advance.
The calendar carries no scheduled high-impact events for the front half of this week, so the move has been momentum rather than a reaction to a single data print. Buyers took control off Monday's 216.663 low and never gave it back, with Tuesday closing at 217.278 and Wednesday extending to 217.559. This is a positioning-led grind, not a headline-driven spike.
The bundle lists no scheduled high-impact events for the back half of this week. With no catalyst on the calendar, the two remaining sessions come down to whether the current bid holds or fades. If price stays above Wednesday's close through Thursday, the 217.58 high becomes the line to clear. If sellers step in and drag it back under 217.10, Monday's 216.663 low returns as the reference point.
Sentiment reads 55.3 percent long against 44.7 percent short as of Wednesday morning. That is a modest long lean, consistent with a market that has bought the three-day rise but not one crowded into the trade. The skew tells you consensus sits mildly with the trend, leaving room for either continuation or a shakeout of late longs.
The 217.58 week high is the level in play. If buyers press through it and hold, the round 218.00 handle is the next obvious zone above. If price rejects 217.58 and slips back under 217.10, the range compresses toward Monday's 216.663 base. Contrast this with the dollar pairs such as GBP/USD, where sterling's tone can diverge from its cross behaviour. If you want the tools to track this cross into the back half of the week, you can open an account with LHFX and follow it live.
Byline: LHFX Research
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