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Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Cools

January 12, 2023 – Written by John Cameron

Pound Australian Dollar (GBP/AUD) Exchange Rate Weakens as UK Labour Market Shows Signs of Cooling

The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Thursday, as the UK’s labour market showed signs of beginning to cool down.

At the time of writing, GBP/AUD traded at around AU$1.7515, a decline of roughly 0.5% from Thursday’s opening rates.

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