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AUD currency update: GBP/AUD remains fairly range-bound

James Baxter - AUD currency update: GBP/AUD remains fairly range-boundJames Baxter
Senior Currency Broker
T: 01442 892 062

GBP/AUD has remained fairly range-bound over the last 24 hours despite better than expected employment data from Australia yesterday morning.

There are no data releases from Australia today but retail sales numbers from the UK this morning may cause some volatility in sterling crosses.

At the time of writing, GBP/AUD is trading in the low 1.62’s and AUD/EUR has dropped slightly, sitting in the low 0.72’s after the euro gained strength across the board yesterday.

GBP/AUD exchange rate graph

GBP/AUD exchange rate graph

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James Baxter
Senior Currency Broker
T: 01442 892 062

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