Pound Australian Dollar forecast page 16 - GBP AUD

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides on Slowing UK Innflation The Pound Australian Dollar (GBP/AUD) exchange rate is extending its losses today, down approximately 0.4%. The pairing has fallen since the beginning of this week’s session to trade at 1.8377 at the time of writing. GBP exchange rates have dipped as the...

Pound Australian Dollar (GBP/AUD) Exchange Rate Strengthens on BoE Bailey Comments The Pound Australian Dollar (GBP/AUD) exchange rate is extending gains made at the end of last week. GBP/AUD is approximately 0.2% up on Monday morning to trade at 1.8571 at the time of writing. Comments from Bank of England (BoE) Governor Andrew Bailey...

GBP/AUD Rangebound on Mixed Sentiment The Pound Australian Dollar (GBP/AUD) exchange rate is wavering in a narrow range today, amid mixed data from Australia and both positive and negative domestic news from the UK. The pair is currently trading at around AU$1.8508, virtually unchanged from this morning’s opening rate of...

GBP/AUD Exchange Rate Edges Lower on UK Fuel Crisis The Pound (GBP) is trending down against the Australian Dollar (AUD) today, subdued by a mixed market mood. GBP is also pressured by UK fuel concerns, while AUD faces headwinds over Australian retail data. At the time of writing, GBP/AUD is trading at A$1.8773, virtually...

Pound (GBP) Undermined by Rising Economic Uncertainty The Pound (GBP) is trading without any strong directional bias against the Australian Dollar (AUD) today as traders grow increasingly concerned about the UK’s economic trajectory. As a result surge in wholesale gas prices, the UK is now facing an energy price crisis which has...

GBP/AUD Exchange Rate Rangebound as ‘Firebreak’ Lockdown News Dampens UK Economic Confidence The Pound Australian Dollar (GBP/AUD) exchange rate is rangebound today with UK markets concerned about the possibility of a ‘firebreak’ October lockdown, should Covid-19 infections and hospitalisations remain high next month. The pairing is...

The Pound to Australian Dollar (GBP/AUD) exchange rate has strengthened this morning on the back of rising house prices in the UK. The GBP/AUD pairing are currently trading at around AU$1.8637, as the Australian Dollar struggles following the latest Reserve Bank of Australia (RBA) interest rate decision. Pound (GBP) Supported by...

GBP/AUD Exchange Rate Falls as Australia Avoids Recession The Pound Australian Dollar (GBP/AUD) exchange rate dipped today following after the latest ABS figures revealed that the Australian economy had grown by 0.7% in June, avoiding a recession – for now. The pairing is currently trading around AU$1.86. Deloitte Access Economics...

The Pound Australian Dollar (GBP/AUD) exchange rate has weakened today on an absence of economic data from the UK to support GBP exchange rates. At the time of writing the GBP/AUD pairing are trending around the AU$1.8951 level as the ‘Aussie’ finds support on the back of risk-on trade. Pound (GBP) Dips on Lack of Economic Data...

GBP/AUD Exchange Rate Sinks, ‘Aussie’ Buoyed by Returning Risk-On Mood The Pound Australian Dollar exchange rate fell by -0.3% this morning as a return of improved risk sentiment drives-up demand for the risk-averse ‘Aussie’. The pairing is currently fluctuating around AU$1.90. Last week saw a ‘risk off’ market mood hold back...