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Pound Australian Dollar forecast - GBP AUD

A round up of the latest Pound Australian Dollar forecast news items from the Currency News desk.

LIVE EXCHANGE RATE 00:44:12 Pound Australian Dollar Rate »
GBP/AUD -0.02 Days Low Days High Last Daily
1.62591 -1.12% 1.62413 1.64464 1.64433

GBP AUD Exchange Rate Update: Pound remains down despite UK Jobs Market Upgrade

16 Aug 2017 at 12 PM - Written by Toni Johnson

The Pound to Australian Dollar exchange rate has traded in the region of 1.6384, putting the rate near the lowest level since late July. GBP Declines against AUD despite Overall Support from Jobs Data The Pound has fallen against the Australian Dollar today, but the latest UK data has exceeded forecasts on all counts. This has...

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GBP to AUD Exchange Rate Edges Higher as Markets Become Risk-Averse

9 Aug 2017 at 1 PM - Written by Ben Hughes

A rise in market risk-aversion on Wednesday has helped the British Pound to Australian Dollar exchange rate to advance from its weekly lows, despite the latest Australian data falling short of market expectations. After broad Pound weakness last week left GBP/AUD at the level of 1.6441, the pair touched on a low of 1.6396 yesterday. Since...

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GBP AUD Exchange Rate Soars as RBA Warns of Pressures on the Australian Economy

1 Aug 2017 at 10 AM - Written by Toni Johnson

The Pound Australian Dollar (GBP AUD) exchange rate jumped last night as RBA voted to hold interest rates at a record low of 1.5%. Australian Dollar’s (AUD) Slumps Following RBA Rate Decision The ‘Aussie’ initially rallied overnight on Monday as an unexpected rise in Australia’s latest Manufacturing PMI and a 7% jump in iron ore...

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Pound Australian Dollar Exchange Rate Forecast to Strengthen Further on Neutral RBA Outlook

31 Jul 2017 at 5 PM - Written by Frank Davies

Even though UK consumer credit rose to more than 200 billion in June the Pound Australian Dollar exchange rate remained on a bullish run. While this marked the highest level of unsecured consumer credit since the 2008 financial crisis investors continued to favour the Pound throughout Monday’s European session. In part this was thanks...

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GBP AUD Exchange Rate Mounts Recovery as Retail Sales Pick up in July

27 Jul 2017 at 12 PM - Written by Toni Johnson

The Pound Australian Dollar (GBP AUD) exchange rate has rallied this morning, recouping around half a cent in the losses which the pairing posted overnight on Wednesday. Pound (GBP) Rallies as CBI Reports Jump in Retail Sales The Pound managed to recoup some of its overnight losses against the Australian Dollar this morning following...

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GBP to AUD Exchange Rate Edges Higher as UK Retail Sales Beat Projections

20 Jul 2017 at 10 AM - Written by Frank Davies

This week’s UK data has been mixed, but the British Pound to Australian Dollar exchange rate began to recover from its multi-month-lows towards the end of the week in reaction to Thursday’s UK and Australian ecostats. After plummeting from 1.6720 to a three-month-low of 1.6334 earlier in the week, the GBP/AUD exchange rate edged higher...

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Ongoing Brexit Fears Limit Gains for GBP AUD Exchange Rate

10 Jul 2017 at 1 PM - Written by Toni Johnson

The GBP AUD exchange rate has improved today, although Sterling remains in a precarious position due to crucial Brexit talks in the background. Brexit Deal Fears Fail to Prevent GBP AUD Advance The Pound has risen by 0.3% against the Australian Dollar today, although this is mainly due to AUD weakness rather than any particularly...

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GBP AUD Exchange Rate Dips on UK Manufacturing Slowdown

3 Jul 2017 at 3 PM - Written by Toni Johnson

Sterling’s latest losses against the Australian Dollar put the GBP AUD exchange rate at the best since June 28th, which is still a long way down from early June’s better pairing rate. Pound Weakened by Disappointing UK Manufacturing Stats The Pound has made a minor losses against the Australian Dollar today, coming in at a rate of...

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GBP/AUD Weakens as Risk Appetite Boosts AUD Demand

29 Jun 2017 at 2 PM - Written by Minesh Chaudhari

The British Pound may be on largely solid form today, but demand for the Australian Dollar is stronger. This has pushed the GBP/AUD exchange rate slightly below opening levels, even though markets remain exuberant following yesterday’s hawkish shift in tone from Bank of England (BoE) Governor Mark Carney. GBP Continues to Rally on...

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GBP to AUD Exchange Rate Tumbles on Impressive Australian Growth Data

7 Jun 2017 at 12 PM - Written by Toni Johnson

Despite investors generally confident in a majority win for the Conservative party in Thursday’s UK general election, uncertainty remains and this has allowed the Australian Dollar to easily push the Pound down this week. Due to strong Australian data and an optimistic RBA, the GBP/AUD exchange rate had fallen from around 1.7322 to a low...

CATEGORIES: Pound Australian Dollar Forecasts