January 15, 2021 - Written by John Cameron
The Pound to Australian Dollar (GBP/AUD) exchange rate has made modest gains this week as the Pound attempts to rebound against the Australian Dollar.
The Pound Sterling’s gains, however, have been limited as better-than-expected, yet still disappointing, GDP data from the UK limits gains.
At the time of writing on Friday afternoon, the GBP/AUD exchange rate is currently trending in the region of 1.7611.
Pound (GBP) Exchange Rates Outlook Stumbling as UK Data Fails to Impress
The Pound (GBP) struggled to find any sort of support today as better than expected GDP data limited any losses.