Pound Australian Dollar forecast page 29 - GBP USD

GBP/AUD Exchange Rate Rangebound Risk Sentiment Sinks as US-China on Collision Course The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.889 as the risk-sensitive ‘Aussie’ continues to benefit from risk-appetite following last week’s signing of the US-China ‘phase...

Despite Bank of England (BoE) interest rate cut bets continuing to rise in reaction to the latest UK data and general market optimism over recent geopolitical developments, the British Pound to Australian Dollar (GBP/AUD) exchange rate is advancing again today. The Australian Dollar is tumbling amid market disappointment that the US-China...

GBP/AUD Exchange Rate Eases as Brexit Uncertainties Return The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.898 after Mark Carney, the Bank of England’s (BoE) Governor, hinted at possible stimulus measures to boost the UK’s flagging economy in the months ahead. Mr Carney...

The British Pound to Australian Dollar (GBP/AUD) exchange rate has already seen notable gains this week. Despite persisting Brexit uncertainty, the Pound has been able to capitalise on the Australian Dollar’s broad risk-off weakness. The Australian Dollar is being hit lower by a combination of domestic and global concerns, including fires...

Despite broad market hopes that the global growth and trade outlooks will improve in 2020, market risk and trade sentiment dipped today and the British Pound to Australian Dollar (GBP/AUD) exchange rate was able to more easily hold this week’s advances. The Pound lacks the drive to advance much higher though, and if upcoming Australian data...

As the Pound continues to shed its recent gains amid reignited hard Brexit fears, the British Pound to Australian Dollar (GBP/AUD) exchange rate has shed last week’s weekly gains. The Australian Dollar has seen more mixed movement, steadying as markets highly anticipate key Australian job market data due for publication tomorrow. Meanwhile,...

GBP/AUD Exchange Rate Eases as Markets Await Conservative’s Next Moves The Pound Australian Dollar (GBP/AUD) exchange rate eased by -0.4% today following last night’s surge after it was announced that the Conservatives had successfully secured a landslide majority in the general election. Guy Foster, Head of Research at Brewin...

Pound Sterling Australian Dollar (GBP/AUD) Exchange Rate Slumps as GBP Volatility Jumps The Pound Sterling Australian Dollar (GBP/AUD) exchange rate slumped on Thursday, as UK voters headed to the polls. The pairing is currently trading at around AU$1.9095. British voters headed to the polls on Thursday, for an election that could...

GBP/AUD Exchange Rate Improves as Polls Indicate Tory Majority The Pound Australian Dollar (GBP/AUD) exchange rate rose today, with the pairing currently trading around AU$1.924 following the Survation’s opinion polls’ suggestion of a Conservative victory on the 12th December general election. The poll showed that the Tories were...

Earlier in the week, mixed UK election polling and a surprisingly neutral tone from the Reserve Bank of Australia (RBA) left the British Pound to Australian Dollar (GBP/AUD) exchange rate tumbling. However, since then investors have become more confident in the UK political outlook once again, and the Australian Dollar has been knocked lower...