The AUD to GBP exchange rate sold off yesterday and the pound could see further gains on its vaccination campaign.
AUD to GBP exchange rate was 0.20% higher on Wednesday despite Boris Johnson’s Brexit deal being passed by the U.K. Parliament and House of Lords in the same day. The transition was set to end for the trading partners at 11 p.m. on Thursday but the agreement has passed with hours to spare as the U.K. completes a historic parting from the EU bloc. The U.K. will begin 2021 as a sovereign trading entity and the new year could see more trade agreements penned as...
The AUD to GBP rate was trading lower on Christmas eve as traders anticipate an official announcement on a Brexit deal.
Sterling was under pressure early this week as fears of a second variation of the Coronavirus was being touted in Britain. This saw the country move into a lockdown over Christmas and into the New Year.