FX Guys

Pound Australian Dollar Exchange Rate News: GBP/AUD Rallied as Post-Brexit Deal Nears Completion

February 27, 2023 – Written by John Cameron

Pound (GBP) Bolstered by Post-Brexit Deal Optimism

The Pound (GBP) saw impressive gains on Monday morning as reports circulated that Prime Minister Rishi Sunak and European Commission President Ursula von der Leyen are expected to unveil the Northern Ireland protocol deal late Monday afternoon.

Meeting in Windsor in the early afternoon, von der Leyen and Sunak look set to sign off on the highly contentious deal that has weighed on the Pound for several months. With…
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