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Pound Australian Dollar forecast page 6 - GBP AUD

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

LIVE EXCHANGE RATE 14:16:10 Pound Australian Dollar Rate »
GBP/AUD +0 Days Low Days High Last Daily
1.76191 +0.25% 1.75259 1.76527 1.75750

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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GBP/AUD Exchange Rate Drops -0.4% after Services Sector Data Misses Forecasts

3 May 2018 at 3 PM - Written by James Fuller

During 2nd May’s trading session, the Pound to Australian Dollar exchange rate opened in the region of 1.8189 but closed down slightly lower around 1.8128. This decline was caused by a cautious reception to news of above-forecast UK construction sector growth in April. Despite the construction PMI rising by more than expected, the...

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GBP/AUD Exchange Rate Steady despite Above-Forecast UK Construction Sector Growth

2 May 2018 at 1 PM - Written by Toni Johnson

On 1st May, the Pound to Australian Dollar exchange rate opened trading in the region of 1.8284 but closed down lower around 1.8188. This deterioration was caused by a disappointing manufacturing PMI reading for April, which showed a greater than expected slowdown in activity. The result was especially worrying for Pound traders as...

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GBP/AUD Exchange Rate Drops -0.8% after Gloomy UK GDP Growth Forecast

27 Apr 2018 at 12 PM - Written by Toni Johnson

On Thursday’s trading session, the Pound to Australian Dollar exchange rate opened in the region of 1.8414 and closed marginally higher around 1.8419. This minor advance in the GBP/EUR exchange rate came as MPs met in the House of Commons to discuss UK membership of the EU customs union. The debate ended with a majority of MPs backing...

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GBP to AUD Exchange Rate Holds Near Weekly Highs as Risk-Sentiment Remains Low

26 Apr 2018 at 12 PM - Written by Minesh Chaudhari

Despite a lack of supportive factors in Pound trade and market anticipation for Friday’s UK growth projections, the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced this week due to market risk-version weighing on the Australian Dollar. A drop in Bank of England (BoE) interest rate hike bets caused GBP/AUD to slip...

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Pound Australian Dollar (GBP/AUD) Exchange Rate Climbs as UK Borrowing Hits 11-Month Low

24 Apr 2018 at 4 PM - Written by John Cameron

Sterling (GBP) Exchange Rates UP as UK Government Borrowing Hits Lowest Point in Over a Decade The Pound to Australian Dollar (GBP/AUD) exchange rate climbed on Tuesday, supported by news that UK government borrowing plummeted to its lowest point in over 11 months and a below-forecast Australian inflation print. According to the Office...

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GBP/AUD Exchange Rate Rises 0.3% as Hopes Rise for May UK Interest Rate Hike

20 Apr 2018 at 1 PM - Written by James Fuller

The Pound to Australian Dollar (GBP/AUD) exchange rate saw an overall (if minor) rise on 19th April, with an advance from the opening level of 1.8227 to close around 1.8236. The day’s main UK economic news was a set of data releases for retail sales in March. Levels of sales activity slowed, which initially prompted a sharp devaluation...

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Pound to Australian Dollar Exchange Rate Forecast to Rally on UK Inflation Rate Slowdown

17 Apr 2018 at 5 PM - Written by James Fuller

On 16th April, the Pound to Australian Dollar (GBP/AUD) exchange rate saw an overall advance, having opened trading in the region of 1.8330 and closed around 1.8448. This GBP/AUD rise was mainly down to Pound trader optimism about the week’s UK economic announcements - the hope was that they could raise the chances of a Bank of England...

CATEGORIES: Pound Australian Dollar Forecasts