Pound to Australian Dollar Week Ahead Forecast: Two-Month GBP High Despite UK Leadership Change

The Pound to Australian Dollar (GBP/AUD) exchange rate climbed to its strongest levels in almost two months last week as Sterling shrugged off UK political uncertainty while the risk-sensitive Australian Dollar remained under pressure. At the time of writing, GBP/AUD was trading at AU$1.9164, up around 1.5% on the week.