The Pound Australian Dollar (GBP/AUD) exchange rate traded without a clear direction on Monday as markets continued to mull over looming interest rate cuts.
The Pound Euro (GBP/EUR) exchange rate traded in a narrow range on Monday as the start of the week saw both UK and Eurozone economic data in short supply.
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UK s strong PMI forecasts could boost GBP/CAD exchange rate, while modest Canadian retail sales gains and shifts in risk appetite may also impact the cross.