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Currency Pair of the Week: GBP/AUD

From forex.com

The main driver of the Pound this week will continue to be Brexit. Officials are meeting in London to discuss a trade-deal, however as each day passes towards the end of the year, hopes fade more and more that a deal will get done. The first positive signs in months came on Friday as the Telegraph reported that the EU is willing to “give in” on some of the UK fishing rights, however talks on governance over a deal and a level playing field have not budged. However, latest reports are that talks over the weekend were “difficult”. If no deal is signed, tariffs and restrictions to trade will go into effect on January ... (full story)

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