GBPAUD – using a broker – Brief currency summary

AUD to GBP Rate Pauses at the 2020 Highs

GBPAUD rates of exchange have remained fairly flat as we come to the end of the quite period in economic data. This being the end of the month when data is light. Next week with the start opf September this cycle starts again and with it opportunities for buyers and sellers of the AUD.  A majority of the data is released at the end of the week but with data also due from China and the US at the beginning it looks like we have a busy week ahead of us.

On top of that watch out for end of month movement when investors globally re-set their investment levels which normally impacts demand and therefore costs of currency.

Here we offer a pro-active service helping clients move money with an educated decision. Plus with award winning exchange rates you can be sure that you can see a saving using the service on offer otherwise we would simply not be in business.

For more information feel free to contact myself STEVE EAKINS via [email protected]

happy trading and have a good weekend.