Pound Australian Dollar forecast page 18 - GBP AUD

The Pound to Australian Dollar (GBP/AUD) exchange rate has firmed this morning after the latest Federal Reserve interest rate decision left markets jittery. The GBP/AUD pairing are currently trading at around AU$1.8367, as the Australian Dollar found support following the latest employment change figures from Australia. Pound (GBP)...

GBP/AUD Exchange Rate Falls on Robust Outlook for Australian Economy The Pound Australian Dollar (GBP/AUD) exchange rate dipped today despite demand for the risk-sensitive ‘Aussie’ being dented by underwhelming Chinese industrial and retail data. The pairing is currently fluctuating around AU$1.83. With China being Australia’s...

The Pound to Australian Dollar (GBP/AUD) exchange rate has firmed this morning after UK unemployment edged lower during May. At the time of writing the GBP/AUD pairing are trading around the AU$1.8321 level as the latest Reserve Bank of Australia (RBA) meeting minutes did nothing to support the ‘Aussie.’ Pound (GBP) Mixed after UK...

GBP/AUD Exchange Rate Rangebound, BoE Says UK Housing Market is ‘On Fire’ The Pound Australian Dollar exchange rate held steady this morning following dovish comments from the Bank of England’s (BoE) chief economist, Andy Haldane, who said the British labour market remains highly uncertain. The pairing is currently fluctuating around...

GBP/AUD Exchange Rate Edges Higher as UK Economic Confidence Continues to Grow The Pound Australian Dollar (GBP/AUD) exchange rate rose by 1% today after the UK rebounded in March thanks to the nation’s effective rollout of Covid-19 vaccines. The pairing is currently trading around AU$1.82. Sterling continued to rise against the...

GBP/AUD Exchange Rate Rises Ahead of May’s Easing of UK Lockdown Measures The Pound Australian Dollar (GBP/AUD) exchange rate rose today after Prime Minister Boris Johnson confirmed that England’s lockdown will be eased on 17 May. The pairing is trading around AU$1.80 at the time of writing. GBP rose against the ‘Aussie’ after...

Pound (GBP) Exchange Rates Rally Sharply Thanks to UK Economic Optimism The Pound to Australian Dollar exchange rate rallied sharply at the start of the week thanks to a fresh wave of optimism over the UK outlook. As the Scottish Nationalist Party (SNP) failed to secure an absolute majority in last week’s local elections the risk of...

GBP/AUD Exchange Rate Edges Higher on UK Economic Optimism The Pound Australian Dollar (GBP/AUD) exchange rate rose today following the latest report from the UK’s Society of Motor Manufacturers and Traders (SMMT), which revealed that the nation’s car sales rallied in April. The pairing is currently fluctuating around...

Pound (GBP) Exchange Rates Benefits from Improved UK Manufacturing PMI The Pound to Australian Dollar (GBP/AUD) exchange rate found some support on Tuesday thanks to an upwardly revised UK manufacturing PMI. As the finalised April manufacturing PMI saw a slightly better performance than initially forecast, clocking in at 60.9, this...

GBP/AUD Exchange Rate Rangebound as Australian Economy Begins to Show Signs of Recovery The Pound Australian Dollar (GBP/AUD) exchange rate held steady today despite Australia’s latest consumer price index falling below forecasts of 0.9% to 0.6%. The pairing is currently fluctuating around AU$1.79. The Australian Dollar (AUD) rose...