Pound Australian Dollar (GBP/AUD) Exchange Rate Lags despite Hawkish BoE Speech

Pound Australian Dollar (GBP/AUD) Exchange Rate Lags despite Hawkish BoE Speech

February 23, 2023 – Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Lags despite Hawkish BoE Speech

The Pound Australian Dollar (GBP/AUD) exchange rate narrowed on Thursday, as hawkish remarks from the Bank of England (BoE) failed to lift Sterling.

At the time of writing, GBP/AUD traded around AU$1.7663, showing little movement from Thursday’s opening rates.

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