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Pound Australian Dollar forecast page 5 - GBP AUD

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

LIVE EXCHANGE RATE 11:14:42 Pound Australian Dollar Rate »
GBP/AUD +0.01 Days Low Days High Last Daily
1.73987 +0.45% 1.72915 1.74050 1.73203

Aussie Retail Sales Beat Expectations - Pound Australian Dollar (GBP/AUD) Exchange Rate Plummets

4 Jun 2018 at 4 PM - Written by John Cameron

Diminishing Business Investment Weighs on Pound Australian Dollar (GBP/AUD) Exchange Rates The Pound Australian Dollar (GBP/AUD) exchange rate plummeted by over 1% on Monday, falling as investors reacted to a gloomy report on UK business investment and a contrasting surge in Australian retail sales. According to the manufacturing body...

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GBP AUD Exchange Rate Struggles in Spite of Sharp Uptick in UK Consumer Credit

31 May 2018 at 4 PM - Written by David Woodsmith

A better-than-expected GfK UK consumer confidence index offered support to the Pound Australian Dollar (GBP/AUD) exchange rate on Thursday. While the index remained firmly in negative territory investors were still encouraged by signs that sentiment is recovering in spite of lingering Brexit-based uncertainty. An unexpectedly sharp...

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Growing Fears about Brexit-City Conditions Cause GBP/AUD Exchange Rate Losses

29 May 2018 at 1 PM - Written by James Fuller

Last week, the Pound to Australian Dollar exchange rate opened trading in the region of 1.7908 on Monday but closed down lower around 1.7620 on Friday. The Pound (GBP) was primarily weakened over the course of trading by signs that a Bank of England (BoE) interest rate hike was likely to be further off. Expectations for an imminent rate...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles as UK GDP Misses its Mark

25 May 2018 at 1 PM - Written by John Cameron

UK Q1 GDP Estimate Confirmed Soft – Pound (GBP) Exchange Rates Fall The Pound Australian Dollar (GBP/AUD) exchange rate weakened on Friday, falling as investors responded to a disappointing Q1 GDP print. The Office for National Statistics (ONS) confirmed the UK’s economic growth in the first quarter at 1.2% year-on-year, with the...

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GBP to AUD Exchange Rate Fails to Sustain Recovery Attempt as UK Economic Outlook Unchanged

24 May 2018 at 5 PM - Written by David Woodsmith

A strong UK retail sales report on Thursday was not enough to make the British Pound to Australian Dollar (GBP/AUD) exchange rate particularly more appealing. Instead, Sterling investors anticipated Britain’s latest Q1 growth projections, due Friday, while the Australian Dollar benefitted from weakness in the US Dollar (USD). Following...

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GBP/AUD Drops after Mixed BoE Testimony

22 May 2018 at 1 PM - Written by Tim Boyer

Monday saw the Pound to Australian Dollar exchange rate open trading in the region of 1.7911 and close lower around 1.7714. The losses in the GBP/AUD exchange rate were mainly caused by news that the UK will eventually leave the EU customs union, regardless of other agreements. Last week brought news of an apparent breakthrough, when it...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Hammered as US-China Trade Relations Improve

21 May 2018 at 4 PM - Written by John Cameron

Brexit Negotiations Leave Pound (GBP) Exchange Rates on the Back Foot The Pound (GBP) exchange rates tumbled into Monday’s trading session, paring recent gains against the Australian Dollar (AUD) as investors reacted to news that US-China trade relations are beginning to ease. On the Brexit front, investor anxiety is still rather high...

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GBP/AUD Exchange Rate Drops as Theresa May Rejects Post-Brexit Customs Union

17 May 2018 at 4 PM - Written by Ben Hughes

Yesterday saw the Pound open trading against the Australian Sollar in the region of 1.8078 and close down lower around 1.8016. This slide in value came after Bank of England (BoE) Deputy Governor Ben Broadbent gave a negative assessment of the UK economy. Mr Broadbent was particularly critical of UK productivity levels, which have...

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GBP/AUD Exchange Rate Advances Today ahead of Forecast Bank of England (BoE) Interest Rate Freeze

9 May 2018 at 4 PM - Written by Toni Johnson

On Tuesday’s trading session, the Pound to Australian Dollar exchange rate opened in the region of 1.8037 and closed higher around 1.8194. This appreciation was partly down to hopes for a possible softening of the final Brexit deal, as well as a mixed reaction to the 2018 Australian Federal Budget. In the former case, Sterling...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Falls on Dovish BoE Expectations

4 May 2018 at 4 PM - Written by John Cameron

NIESR Downgrades UK Economic Growth Forecasts – Pound (GBP) Exchange Rates Fall The Pound to Australian Dollar (GBP/AUD) exchange rate tumbled on Friday as markets responded to news that a major economic think-tank downgraded its growth forecasts for 2018. The National Institute for Economic and Social Research (NIESR) has announced...

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