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Forecast: Pound To Australian Dollar (GBP/AUD) Exchange Rate Plummets As Brexit Drama Reaches Its Peak

UPDATE: The Pound to Australian Dollar (GBP/AUD) exchange rate is seen trading higher on Monday, 14th December after the UK-EU negotiators agreed to extend the deadline for Brexit trade deal talks. Most stock markets are higher in Asia, and the S&P 500 is indicated +0.4% says Marshall Gittler, analyst at BDSwiss on Monday. But the “risk-on” tone isn’t being reflected in currencies, where USD is higher. While CHF is the worst-performing currency, AUD and CAD aren’t far behind. GBP/AUD traded in a wide range this week, with considerable losses in response to a lack of progress in Brexit trade talks.

Pound Sterling Forecast: Analyst Predictions For Brexit Deal By Sunday, GBP Slides Vs EUR, USD

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