Pound Australian Dollar forecast page 30 - GBP USD

GBP/AUD Exchange Rate Eases, RBA Holds Interest Rates The Pound Australian Dollar (GBP/AUD) exchange rate eased this morning, with the pairing currently trading around AU$1.893 after the Reserve Bank of Australia (RBA) held its interest rate decision at 0.75%. RBA Governor Philip Lowe, however, was downbeat in his outlook, commenting that...

While the British Pound to Australian Dollar (GBP/AUD) exchange rate has advanced this week, it has not been able to hold too close to the pair’s best levels in years. Instead, the latest mixed UK confidence stats, as well as lingering hopes that US-China trade relations can still improve, left the pair trending slightly lower before...

A lack of demand for the Australian Dollar in recent sessions has meant that it has been unable to push the British Pound to Australian Dollar (GBP/AUD) back further from gains seen at the beginning of the week. While the Pound outlook is volatile amid UK election polling uncertainties, the Australian Dollar saw fresh weakness today in...

Pound (GBP) Exchange Rates Undermined by Polling Figures The Pound (GBP) has found itself on the back foot today in response to the latest opinion polls from the UK which point to Labour closing the gap with the Conservatives since the weekend. Polls are currently showing the Tories have an 11 point lead over Labour down from an 18...

Pound Australian Dollar (GBP/AUD) Exchange Rate Slides as Tory Lead Narrows The Pound Sterling Australian Dollar (GBP/AUD) exchange rate edged lower, leaving the pairing trading at around AU$1.8976. Sterling weakened against the Australian Dollar as further opinion polls revealed the Conservative Party’s lead against the opposition is...

GBP/AUD Exchange Rate Rangebound, Doubts Rise on US-China ‘Phase One’ Trade Deal The Pound Australian Dollar (GBP/AUD) exchange rate held steady today, with the pairing currently trading around AU$1.900 as the risk-sensitive ‘Aussie’ continues to struggle on US-China trade uncertainty. With China being Australia’s largest...

GBP/AUD Exchange Rate Eases, Post-Brexit Gloom Weighs on Sterling The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.893 as investor confidence in Sterling begins to slip on increasing gloom surrounding the UK’s economy post-Brexit. Neil Mellor, the Senior Currency Strategist...

Poor UK datasets have not been enough to drag the British Pound to Australian Dollar (GBP/AUD) exchange rate lower, as despite the lack of fresh support for Sterling, the Australian Dollar has been weakened by US-China trade jitters and some underwhelming Australian data. Investors are still hesitant to move too much on the ‘Aussie’...

GBP/AUD Exchange Rate Rangebound, UK Unemployment Improves The Pound Australian Dollar (GBP/AUD) exchange rate steadied this morning, with the pairing currently trading around AU$1.877 after September’s UK ILO unemployment rate rose from 3.9% to 3.8% in September, its lowest since early 1975’s third quarter. However, Sterling’s...

Despite trending lower for most of this week, and briefly seeing a slump yesterday, the British Pound to Australian Dollar (GBP/AUD) exchange rate has rebounded from its lows today and ultimately hasn’t seen huge losses this week after all. Demand for the Pound has been limited amid political uncertainty, but the Australian Dollar has seen...