// COMPARE

The Aussie firmed to 0.7176, near its 12-month high, riding the risk-on tech tape and a firmer oil price.

AUD is tracking equity risk appetite and the commodity bounce more than rate spreads in the current regime.

0.7200 is the key resistance; a hold above keeps the uptrend intact, with 0.7120 as first support.

Cable was steady at 1.3464 even as gilts slumped on political risk tied to a reported Burnham leadership challenge to Starmer.

UK fiscal and political jitters are capping sterling despite a broadly soft dollar, leaving the pair range-bound.

1.3400 support and 1.3550 resistance frame the range; gilt headlines are the near-term swing factor.