FX Guys

Pound Australian Dollar (GBP/AUD) Exchange Rate Rallies as Investors Buy the Dip

March 9, 2023 – Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Narrows as Investors Buy the Dip

The Pound Australian Dollar (GBP/AUD) exchange rate narrowed on Thursday, as investors moved to invest in more risk sensitive currencies.

At the time of writing, GBP/AUD traded at around AU$1.7988, showing little movement from Thursday’s opening rates.

Pound (GBP) Firms amid Dip-Buying

The Pound (GBP) gained ground during Thursday’s session, as investors began to look to other opportunities.

With little in the way…
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