The Pound is contained in a well-defined range that should hold, ahead of an eventual break higher.
The Australian Dollar rises against European peers on improving investor optimism.
Australian Dollar Set to Resume Lower
- Category: AUD
China's dismissal of trade talks will hurt the Australian Dollar.
The Pound to Australian Dollar exchange rate has receded from post-referendum highs in recent trade and could be set to consolidate within a rough 2.0724 to 2.0994 range through the days ahead as markets process a cacophonic array of policy-related statements coming from the White House and its spokespeople.