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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.
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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
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