Pound Australian Dollar forecast page 23 - GBP AUD

After days of mixed performance on Brexit uncertainties, the British Pound to Australian Dollar (GBP/AUD) exchange rate is trending lower again today. Investors are hesitant to buy the Pound as Brexit uncertainties persist, and the Australian Dollar is advancing as markets return to currencies and assets correlated with risk and trade. The...

Concerns about the US Presidential Debate was not enough help the British Pound to Australian Dollar (GBP/AUD) exchange rate to recover its weekly losses, but the pair’s losses did slow today as market hopes for a Brexit deal and the latest Bank of England (BoE) speculation helped the Pound to steady. Investors continue to find the...

Despite Britain’s fresh coronavirus restrictions this week, the British Pound to Australian Dollar (GBP/AUD) exchange rate has been climbing all week. This comes as the Australian Dollar is throttled by the market’s aversion to risk and trade-correlated currencies, as well as speculation of a more dovish Reserve Bank of Australia (RBA)....

Market fears of a second global wave of coronavirus infections have been dominating the British Pound to Australian Dollar (GBP/AUD) exchange rate this week. While coronavirus lockdown fears have been rising in Britain, investors have been selling currencies correlated to market risk and trade sentiment like the Australian Dollar. On top of...

Despite mixed market risk sentiment and a strongly rebounding Pound, the British Pound to Australian Dollar (GBP/AUD) exchange rate’s gains have been limited this week. The Australian Dollar found some support in stronger than expected job market data, while investors hesitate to move too much on the Pound ahead of today’s anticipated...

GBP/AUD Exchange Rate Falls as ‘Aussie’ is Buoyed by Hopes of Coronavirus Vaccine The Pound to Australian Dollar (GBP/AUD) exchange rate fell by -0.3% today, with the pairing currently trading around AU$1.75. The Australian Dollar (AUD) has benefited from risk-on markets today after Chinese senior heal officials revealed that it is...

The Pound has been attempting to steady slightly higher since yesterday, following days of being throttled by no-deal Brexit fears dominating markets. Investors have also continued to find the Australian Dollar fairly appealing, amid lingering demand for risk-taking. Looking ahead to tomorrow, upcoming UK growth rate news would be typically...

GBP/AUD Exchange Rate Edges Higher as Australia Braces for GDP Data The Pound to Australian Dollar (GBP/AUD) exchange rate rose by 0.6% today, with the pairing currently fluctuating around AU$1.823. The ‘Aussie’ suffered today as Australian markets predict the nation’s Gross Domestic Product (GDP) to plunge in the second quarter....

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Muted as Australia Battles Rise in Coronavirus Cases The Pound Sterling Australian Dollar (GBP/AUD) exchange rate remained flat on Friday morning, leaving the pairing trading at around AU$1.8159. The ‘Aussie’ struggled to make gains against the Pound as the country continued...

Despite Friday’s strong UK data and mixed Australian data, the British Pound to Australian Dollar (GBP/AUD) exchange rate fell back from the week’s highest levels on Friday. The Pound outlook remains pressured by various factors like coronavirus and Brexit uncertainties, while the Australian Dollar remains generally appealing due to...