Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Aussie Retail Improves

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Pound Australian Dollar (GBP/AUD) Exchange Rate Slips as Aussie Retail Improves

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October 30, 2023 – Written by Tim Boyer

pound-to-australian-dollar-rate-1

The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Monday, following unexpectedly strong Australian retail data.

At the time of writing, GBP/AUD traded at around AU$1.9062, falling by just over 0.3% from Monday’s morning rates.

The Australian Dollar (AUD) strengthened over the course of Monday’s session, following unexpectedly strong retail sales…
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