Pound to Australian Dollar forecast Sterling still struggles against the Australian Dollar despite many predicting AUD weakness

Pound to Australian dollar rate hits a 5-week low, could a move below 1.80...

The pound has been under pressure throughout this month, after testing year highs on the 3rd of May. Pound to Australian dollar rate forecast The outlook regarding Brexit is now looking a lot bleaker with current Prime Minister May set to step down in the first half of next month, with the chances of a Pro-Brexit leader likely to take her place which many believe could increase the chances of a no-deal Brexit. Ever since cross party talks broke down pound to Australian dollar rates have fallen,...
GBP to AUD rates: Will Sterling get back to 1.80 against the Australian Dollar?

GBP to AUD rates: Will Sterling get back to 1.80 against the Australian Dollar?

GBP to AUD rates: Following a solid rise for the Pound against all major currencies and a brief appearance above 1.80 against the Australian Dollar last week, the Pound has been creeping back down in value against all major currencies. This has mainly been down to Brexit uncertainty and the worry that, despite showing backbone and making trips back over to Brussels to iron out the final creases in her Brexit deal, Prime Minister Theresa May is still going to struggle to get the backing...
Pound to Australian dollar forecast: RBA cut interest rates, what next?

GBP to AUD forecast: US Midterm results could help the Australian Dollar

In today's GBP to AUD forecast I'll discuss how the US midterm results could prove beneficial for the Australian Dollar. The Democrats have have now gained power over the House of Representatives which will be a cause for concern for President Trump. They will now be able to severely limit new legalisation being passed. The Democrats will also have control of the Intelligence Committee, which means they will have the chance to scrutinise information regarding the allegations against the Trump administration in relation to...
Pound to Australian Dollar forecast Reserve Bank of Australia minutes will interest rates be cut further?

Pound to AUD rate gets off to a bad start, are further falls likely...

The Pound to AUD rate has dropped to its lowest level in over 2 months this morning, as the pair haven't traded as low as 1.7852 since early September. Over the past month the Australian Dollar has gained by over 3% against the Pound and this trend doesn't appear to be changing anytime soon if this morning's price movement is anything to go by. Why has the Pound to AUD rate dropped? It's likely that the drop is due to concerns over there being further resignations...
GBP to AUD rate rises despite falling UK inflation

Will GBPAUD levels rise or fall in 2019?

The Australian dollar has been weakening against sterling as the market takes it dissatisfaction on the Trade Wars and Donald Trump's comments over Christmas out on the Australian dollar. As a commodity based currency the Aussie dollar will rise and fall according to global attitudes to world trade. Expectations are high that Donald Trump will continue to pose a threat to the global economy, and a series of comments and tweets of late have put pressure on the Australian dollar. Since the main focus of...
Pound to Australian Dollar exchange rate GBP/AUD continues to trade towards its lowest levels of 2019

Pound to Australian Dollar exchange rate: GBP/AUD continues to trade towards its lowest levels...

GBP/AUD pairing tests 1.79 exchange rate The pound to Australian dollar exchange rate has continued to fall through July so far, and at the time of writing the rate is testing the 1.79 support interbank level once again. Ever since the pair dropped below 1.80 at the beginning of the month, they have remained below this benchmark level and moving forward I think it's likely that they will remain below 1.80 until there is a turnaround in the UK's economy and also a bit more...
Pound to Australian Dollar rate Will the Reserve Bank of Australia cut rates further?

Pound to Australian Dollar rate: Will the Reserve Bank of Australia cut rates further?

The Reserve Bank of Australia (RBA) already has its interest rates at record lows, with the current 1% level well down from the 14% peak in the 1990's. The cutting of interest rates influences a currency by making it less attractive to hold, so goes economic theory which underpins the raising and lowering of interest rates. If the RBA cut interest rates further, what could be the effect on pound to Australian dollar exchange rate? Brexit main driver for GBP/AUD exchange rates Pound to Australian dollar...
Pound to Australian Dollar exchange rate Sterling remains under 1.80 as no deal Brexit and UK election fears weigh on the pound

Pound to Australian Dollar forecast: Could the escalating tensions between the US and China...

Earlier this morning the pound to Australian dollar exchange rate traded close to the 1.80 interbank threshold which it has remained below for over a month now. The Australian dollar has been coming under pressure as the trade war talks between the US and China appear to have deteriorated quite drastically over the past few weeks. This has resulted in a sell-off within global stock markets. US stocks markets record biggest fall in 2019: US China trade war ramps up Yesterday, the Dow Jones fell by...
Pound to Australian Dollar exchange rate GBPAUD rates as Brexit uncertainty continues

Pound to Australian Dollar exchange rate: GBP/AUD rates as Brexit uncertainty continues

Pound to Australian dollar exchange rates have worsened dramatically since the more historical trends. As a young man, I spent many enjoyable months in Australia when the pound was equal to around 2.5 Australian dollars on the interbank rate. At present, the pound to Australian dollar rate sits at 1.7866 on the interbank rate, widely accepted as a big shift, even by the currency markets wide interpretations. UK political uncertainty weighing on Pound to Australian Dollar rates The pound to Australian dollar exchange rate has been...
Pound to Australian Dollar forecast amidst Brexit and political uncertainty

Current Malaise in Brexit Talks Offsetting Further Losses for the AUD

GBP/AUD rates have fallen back under 1.81, with the pound struggling to make any sustained inroads of late. With continued uncertainty around Brexit talks and how they are progressing, investors' risk appetite for the pound has reduced. As a result, the pound has failed to make an impact above 1.80 and even slipped below this key threshold again last week. Despite sterling finding an element of support around this level, it has seen its value drop by three cents from its high of 1.8382 last month. The...