📢 1 ) If the United Kingdom (UK) experiences strong economic growth compared to Australia, this could lead to an increase in demand for UK assets, thereby strengthening the GBP.
📍 2 ) A strong UK trade balance vis-à-vis Australia could strengthen the GBP. A positive trade balance indicates that the UK exports more than it imports, which could lead to increased demand for GBP.
📍 2 ) A strong UK trade balance vis-à-vis Australia could strengthen the GBP. A positive trade balance indicates that the UK exports more than it imports, which could lead to increased demand for GBP.
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