Pound Australian Dollar forecast page 13 - GBP USD

Pound (GBP) Strengthens as Positive GDP Data Provides Welcome Boost The Pound is enjoying moderate tailwinds as the British economy beat out expectations and expanded at a faster-than-expected pace the end of 2021, with the economy just 0.1% below its pre-pandemic levels. The Office for National Statistics (ONS) published the data this...

GBP/AUD Stumbles after UK CPI Reading Prints Higher-Than-Expected The Pound Australian Dollar (GBP/AUD) exchange rate is falling this morning as the UK’s consumer price index exceeded expectations, amplifying concerns over the cost-of-living crisis. At the time of writing, the GBP/AUD exchange rate is trading at approximately...

GBP/AUD Edges Slightly Lower as Investors Await BoE Interest Decision The Pound Australian Dollar (GBP/AUD) exchange rate is slipping this morning as investors await the Bank of England’s (BoE) interest rate decision. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.7966, roughly down 0.3% from...

GBP/AUD Boosted as UK Unemployment Rate Exceeds Expectations The Pound Australian Dollar (GBP/AUD) exchange rate is climbing during today’s session after the UK unemployment fell below market forecasts. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.8106, roughly up by 0.2% from today’s opening...

GBP/AUD Nosedives as Commodity Price Rally Intensifies The Pound Australian Dollar (GBP/AUD) exchange rate is falling during today’s session as escalating geopolitical tensions drive commodity prices even higher. At the time of writing, the GBP/AUD exchange rate is trading at approximately AU$1.7768, roughly down by 1.38% since this...

Pound Australian Dollar (GBP/AUD) Exchange Rate Falls after RBA Interest Rate Decision The pound Australian dollar exchange rate dropped overnight and continued to trend downward today, hitting its lowest point since December 2021. The Reserve Bank of Australia’s (RBA) decision to leave interest rates unchanged likely caused the dip....

Pound Australian Dollar (GBP/AUD) Exchange Rate Tumbles amid RBA Rate Hike Speculation The pound Australian dollar (GBP/AUD) exchange rate plummeted today. The Australian dollar (AUD) climbed amid expectations of a rate hike from the Reserve Bank of Australia (RBA). An uptick in commodity prices amid the Ukraine-Russia crisis has also...

Pound Australian dollar (GBP/AUD) Exchange Rate Subdued amid Retreating Risk Appetite The pound Australian dollar (GBP/AUD) exchange rate has trended sideways today. The Australian dollar (AUD) has been dented by a retreating risk appetite over reports of artillery fire in Ukraine. The pound (GBP) meanwhile has ticked upward amid...

Pound Australian Dollar (GBP/AUD) Exchange Rate Dips amid Risk-On Trading The Pound Australian Dollar (GBP/AUD) fell overnight and has remained rangebound since the opening of the European session. The Australian Dollar (AUD) has remained buoyed by a return of risk appetite to the markets, whilst losses for the Pound (GBP) were likely...

Pound Australian Dollar (GBP/AUD) Exchange Rate Rangebound Despite Australian Business Recovery The Pound Australian Dollar (GBP/AUD) exchange rate climbed overnight, potentially boosted by a strong recovery in Australian business confidence and the soaring price of iron ore. The currency pair dipped this morning however and traded...