GBP vs AUD Exchange Rates

GBPAUD was trading on the currency markets at 1.6236 at 10:32pm on 18 August 2017.
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GBP vs AUD currency overview for 18th August 2017

The Pound to Australian Dollar has tumbled throughout the week so far, due to rising demand for risk-correlated currencies and decent Australian ecostats.

Australia’s July employment report came in today, and most notable prints beat expectations.

While full time employment dropped and part time employment jumped, the unemployment rate still came in at 5.6% (as expected) despite the participation rate rising to 65.1%, and the employment change figure beat forecasts of 20k with a result of 27.9k.

This update is provided by TorFX, a leading foreign exchange broker. Click here for market leading GBP/AUD exchange rates

GBP/AUD performance, 18th August 2017

This chart shows how the GBP is performing againt the Australian Dollar throughout the day.

The red line shows the opening exchange rate at the start of the day so that you can see if the current exchange rate is above, or below, yesterdays’ rate.

The GBP/AUD exchange rate (1.6236) is lower than todays opening rate, so the Pound is weaker against the Australian Dollar compared to yesterday.

The long term chart at the top of this page shows how the GBP/AUD exchange rate has performed over the last few months.

GBP/AUD is scoring 67 (out of 100) on our trend strength indicator, which indicates that this currency pair is likely to be establishing a strong upwards trend.

Todays GBP/AUD exchange rate summary

Highest exchange rate today: 1.6349
Lowest exchange rate today: 1.6185
Opening exchange rate today: 1.6314

Click here for bank beating GBP USD exchange rates from TorFx

This article is for information and educational purposes only and does not form a recommendation to invest or otherwise. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment adviser.