Pound to Australian Dollar forecast GBPAUD rates see movement as a possible Brexit extension is on the horizon

What to expect when planning a GBPAUD transfer

When planning a GBPAUD exchange at present, my advice would be to expect the unexpected as there are many factors impacting the currency pair. Since the middle of the summer, the Pound has lost 10 cents against the Australian Dollar, however at times Australian Dollar buyers have been presented with spikes in the market to take advantage of. Regular readers will be aware that Brexit uncertainties have caused investors to hold off investing in the UK or even sell off their Pounds and move assets...
Pound to Dollar Rate Pinned Down by Vaccine Concerns

Sterling gains vs the Australian Dollar owing to Brexit and the Australian property market

As predicted in my previous article over the weekend the Pound briefly touched 1.80 against the Australian Dollar but has failed to maintain the levels just yet. However, I think it is simply a matter of time as in the short term I think the Pound will be able to make a concerted effort to break past 1.80. This is good news for anyone looking to buy Australian Dollars with Pounds. Brexit latest news Prime Minister Theresa May has been speaking this afternoon about the latest update on...
GBP/AUD Forecast: Will the Australian Dollar Overcome the Coronavirus Fears?

Pound to Australian Dollar exchange rate: RBA opts to cut interest rate down to...

Reserve bank of Australia interest rate reaches record lows The pound to Australian dollar exchange rate is trading higher this morning after the Reserve Bank of Australia (RBA) chose to cut interest rates in the early hours of this morning, negatively impacting the AUD. The cut leaves the Australian base interest rate at 0.75% which is a record low down under. Since the cut we've seen the Aussie dollar drop in value with the currency down by over half a percent against the pound, euro...
GBPAUD Volatility Remains High as Economic Data Takes Centre Stage

GBP to AUD: Australian Dollar on the Rise Due to Positive Trading Data From...

The Australian dollar shot up over night after the release of China’s positive trade numbers for December were revealed. Being closely linked in trade with China, the Aussie economy also received an uplift after the news surfaced. With a recent run of bad luck for Australia, this data and the upcoming signing of the US-China trade deal may be just what the currency needs to start a turnaround. Meanwhile, the GBP has suffered further losses after bets are increasing on a Bank of England...
Pound to Australian Dollar rate Aussie Dollar strength cancels out any gains for the Pound as the Brexit path remains unclear

Pound to Australian dollar forecast: Brexit limbo hurting the pound

The pound to Australian dollar rate has suffered recently due to the current situation in UK politics and the on-going Brexit saga. Pound to Australian dollar rate far from recent highs of 1.88 With Brexit being a key driver on GBP/AUD rates, we recently saw a spike up to 1.88 following positive news on Brexit. May’s talks with Corbyn over a deal compromise that could be mutually accepted by the Tories and Labour caused the increase in sterling's value. I was of the belief the gains...
AUD Edges Over GBP as Australia Looks to Ease Lockdown Restrictions

Australian Dollar gains ground on Sterling: Politics weighs on the Pound and Australian data...

Sterling weakens against the Australian Dollar as political uncertainty continues The Pound to Australian dollar interbank rate has dropped into the 1.78s in morning trading, which is a loss of almost 1%. Sterling has weakened a little against all major currencies due to concerns as to how the political issues the UK are facing may work out, with today being very important for Prime Minister Boris Johnson. He may face a vote of no confidence which in turn could then ultimately lead to him calling a...
Pound to Australian Dollar Forecast: RBA Meeting Minutes Predict a Bleak Future Ahead

AUD exchange rates benefit from increased Liquidity injection by the RBA

The Pound to Australian Dollar exchange rate has lost around 5-cents in the past 24-hours as the Aussie Dollar spiked late during yesterday’s trading session. It looks like a combination of both Sterling weakness and Australian Dollar strength is behind this market movement, and it’s resulted in the pair trading at their lowest level since the 6th of March. It had previously looked like Sterling would manage to consolidate north of the 2.00 handle, but last nights downward pressure as thrown a spanner in the...
Pound to Australian Dollar Exchange Rate Summary: GBPAUD Rises to Two Week Interbank Highs

Pound Hits New 41-Month High Versus Australian Dollar Ahead of UK Election

The pound to Australian dollar interbank exchange rate stands at 1.93 today. This is its highest in 41 months, or since June 24th 2016, the day after the UK’s referendum in favour of Brexit. The GBP to AUD interbank exchange rate has hit this new 41-month high, because the latest opinion polls continue to suggest that the Conservatives will win a majority, at the UK’s election this Thursday. According to the average of the latest polls, for example from Survation and BMG, the Tories have a...
Australian Dollar Volatile as it Awaits Labour Force Report as GBP Rises on BoE Rate Cut Bet Reversal

Pound to Australian dollar exchange rates: Bank of England warn a no deal Brexit...

The pound to Australian dollar exchange rate has had a torrid time this summer, as mid market exchange rates have dropped 10 cents since the start of May. The pound has been losing value against all major currencies due to the ongoing Brexit Saga and only earlier this week the Bank of England issued the new Prime Minster Boris Johnson with a stark warning that a no deal Brexit will cause the pound to fall further. Bank of England interest rate decision and comments Bank of...
GBPEUR Struggles to Hold GDP Advance

Pound Sterling Forecast – Will GBP rise or fall in June?

The pound weakened in May as the continued uncertainty over the economic effects of the Coronavirus weighed on the UK both politically and economically. The outlook for the UK has been tainted by the Coronavirus with the UK slightly behind the curve of many other countries who are gently opening borders and allowing freer movement of people and business. The UK Government has spent billions on a furlough scheme which whilst providing some temporary relief is also perhaps just papering over some significant cracks in...