May 3, 2023 – Written by John Cameron
Leave a comment STORY LINK Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Profit Taking Dents AUD
Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens as Profit Taking Dents AUD
The Pound Australian Dollar (GBP/AUD) strengthened on Wednesday, as the Australian Dollar (AUD) was stricken by profit taking. Furthermore, the market mood appeared to favour GBP.
At the time of writing, GBP/AUD traded at around AU$1.8781, a rise of roughly 0.4% from Wednesday’s opening rates.
Australian Dollar (AUD) Stricken by Profit Taking
The Australian Dollar (AUD) weakened against most peers during Wednesday’s session,…
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