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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.

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Pound Australian Dollar Exchange Rate News: GBP/AUD Wavered on Bleak BoE Economic Outlook

5 Aug 2022 at 4 PM - Written by John Cameron

Pound (GBP) Under Intense Pressure from Recession Fears The Pound (GBP) struggled for demand in the wake of the Bank of England’s (BoE) biggest rate hike in 27 years. Despite an apparent hawkish hike, the concerning undertones were confirmed in the press conference that followed the central bank’s decision to raise rates to...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Surged to Three-Week High amid Dovish Turn from RBA

2 Aug 2022 at 3 PM - Written by John Cameron

Australian Dollar (AUD) Tumbled amid Dovish Turn from RBA The Australian Dollar (AUD) plummeted despite the Reserve Bank of Australia (RBA) delivering the third straight 50bps interest rate hike at its latest policy meeting. Souring the market mood was the dovish turn from the RBA emanating from their monetary policy statement. The...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Wavers as Australian Retail Sales Rose to Another Record Level

28 Jul 2022 at 1 PM - Written by John Cameron

Australian Dollar (AUD) Wavers as Retail Sales Missed Expectations The Australian Dollar (AUD) is fluctuating today as retail sales printed below expectations but still recorded a sixth straight month of growth. Despite falling short of a forecasted 0.5% growth, retail sales in Australia soared to another record level of $34.24Bn in...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Softens as UK Inflationary Pressures Weigh Heavy

26 Jul 2022 at 3 PM - Written by John Cameron

Pound (GBP) Falls on Mounting Inflationary Pressures The Pound (GBP) is experiencing downward pressures as the release of the Confederation of British Industry (CBI) July retail sales balance further compounds the cost-of-living crisis. Following on from a second consecutive month of declining retail sales, the CBI survey revealed that...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Wavers amid Looming Recession Fears

25 Jul 2022 at 11 AM - Written by John Cameron

Pound (GBP) Remains Quiet in the Wake of Poor Data The Pound (GBP) is struggling to find demand as a lack of major data this week is leaving Sterling open to the souring market sentiment. With poor retail sales and mixed PMI data from Friday, and persistent political uncertainty, the Pound is left exposed to the worsening economic...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Slumps as Gloomy Economic Outlook Compounded by Ongoing Political Uncertainty

12 Jul 2022 at 1 PM - Written by John Cameron

Pound (GBP) Slides amid Renewed Economic Pressures The Pound (GBP) is under increased pressure as inflationary pressures continue to squeeze the economy as retail sales continue to fall at a rate not seen since the height of the pandemic. The British Retail Consortium (BRC) released its survey that showed British shoppers have cut back...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Rises as RBA Decision Dents AUD

5 Jul 2022 at 11 AM - Written by John Cameron

Pound (GBP) Buoyed by Upwardly Revised PMI The Pound (GBP) is strengthening against the Australian Dollar (AUD), despite initially softening against some of its other peers. As today’s trade began, renewed worries about the UK economy put some pressure on the Pound. Sainsbury’s supermarket revealed its latest results, which...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

Pound Australian Dollar Exchange Rate News: GBP/AUD Softens amid Weakening Economic Outlook

4 Jul 2022 at 12 PM - Written by John Cameron

Pound (GBP) Weakens amid Darkening Economic Outlook The Pound (GBP) is slipping against most of its rivals today as a lack of data has left Sterling vulnerable to the souring market sentiment. Fears over a sharper than desired slowdown in economic growth has worried investors. Domestically, multiple headwinds are piling more pressure on...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Slides amid Brexit Risks

28 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Under Pressure from Renewed Brexit Troubles The Pound (GBP) is softening against its rivals today as the Northern Ireland protocol bill passes its first parliamentary vote as the UK intends to scrap part of the deal. Plans to unilaterally alter the Northern Ireland protocol, a move that has drawn criticism from not only the...

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Pound Australian Dollar Exchange Rate News: GBP/AUD Fluctuates amid Recession Fears and UK Political Volatility

27 Jun 2022 at 12 PM - Written by John Cameron

Pound (GBP) Wavers amid Social and Political Unrest The Pound (GBP) is trading in a narrow range against most of its peers today as the ongoing political and social unrest in the country is weighing heavily on Sterling. Adding to the social unrest caused by the escalating cost-of-living crisis, barristers are walking out and striking...

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