The GBP/AUD exchange rate remains muted following US tariff threats, particularly affecting steel and aluminum imports. The Australian Dollar initially started the trading day on a downturn but quickly recovered during the overnight session, maintaining a stable stance against most of its competitors. Market analysts attribute the Aussie’s recent fluctuations to the uncertainty surrounding US trade policies and their global impact. The Pound has faced challenges as these tariff threats provoke concerns among investors about future trade relations. Traders should remain alert as developments around these tariffs can significantly influence currency valuations. A keen eye on economic reports from both the UK and Australia will be crucial to navigating potential volatility in the GBP/AUD pair.