April 7, 2021 - Written by Toni Johnson Despite the Pound being sold from its best levels in profit-taking this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate continues to trend relatively closely to its best levels in months. The Australian Dollar’s strength is limited due to mixed demand for risk and trade-correlated currencies, as global economic hopes are weighed by fears of a potential ‘third wave’ of coronavirus infections. Last week was yet another volatile week for GBP/AUD. The pair opened the week at the level of 1.8070 and spent the week climbing, ultimately closing the week at the level of 1.8173.