The Pound Australian Dollar (GBP/AUD) exchange rate is trading +0.1% higher at 1.7750. The pair is set to book gains of 1% across the week, after falling 3.7% last week.
UK retail sales +0.8% MoM in August. This was the fourth straight month of gains; however, those gains are slowing. Retail sales rose 3.6% in July.
Australian Dollar is edging lower amid a risk off mood in the market. Rising covid cases, particularly in Europe, unnerving investors. There is no high impacting data due until next Wednesday, leaving sentiment to drive direction in the Australian Dollar.