You would think a solid
Plenty of investors did think that - and they were proved wrong on Friday.
"Investors got all bulled up into the China numbers," says Amelia Bourdeau, director of foreign exchange at Westpac Institutional Bank. But while GDP did improve, "the outcome for the China data was already priced," she adds, so the Aussie moved lower after the report.
But Bourdeau told CNBC's Melissa Lee she thinks the Australian dollar is poised to rise again.
Stock market volatility has been low, which is usually good for the Aussie, Bourdeau says. "I think overall the backdrop to the risk scenario is constructive, and I want to go for another run up."