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: The impact of the Brexit vote next week

Pound to Australian Dollar Forecast: Will Theresa May’s meeting in Brussels help the Pound?

In today's Pound to Australian Dollar Forecast we look at the events that are affecting GBP/AUD exchange rates now and what might impact the rate this week. Australian Dollar strength whilst the Pound weakens The Australian Dollar has recently hit its best level to buy Pounds in three months after a bout of both strength for the Australian Dollar combined with Sterling weakening during this period. The Pound has continued to struggle owing to the uncertainty of the ongoing Brexit news and this has caused the Pound...
Pound to Australian dollar Forecast - RBA to cut Rates?

Dollar Strength after Strong Jobs Data – Pound to Australian Dollar Exchange Rates

Expect more volatility for the Pound to Australian dollar exchange rate Pound to Australian dollar exchange rates have lost considerable ground over the last week although there does appear to be some support with rates holding firm above 1.75 for the Pound to Australian dollar rate. Much of the market movement and volatility has stemmed from the recent uncertainty in British politics, which has resulted in a sharp fall in sterling exchange rates. Expect a volatile week for the Pound to Australian dollar exchange rate,...
Downward pressure on the Aussie dollar continues as US China trade war escalates

Pound to AUD forecast: Theresa May’s Brexit plan comes under heavy criticism

PM May's position in doubt The key driver for the Pound to AUD rate yesterday was of course Brexit. Theresa May's plan, which has been agreed in principal by Cabinet members has come under heavy criticism and has resulted in the resignation of UK Brexit Secretary, Dominic Raab. This was a major blow to Theresa May and her chosen replacement, Environmental Secretary, Michael Gove has rubbed salt in the wound by turning down the role. Gove stated if he were to take the position he...
Resignations in the UK and the impact of the Brexit deal on the Pound vs the Australian Dollar

Resignations in the UK and the impact of the Brexit deal on the Pound...

In what has been a very volatile week so far we have just had the news that UK Brexit Secretary Dominic Raab has handed in his resignation. Sterling has fallen dramatically against the Australian Dollar into the 1.76 levels after trading above 1.80 earlier this month. The Brexit deal that has been accepted has caused a huge amount of discontent across the markets and this has been reflected in the value of the Pound. Last night Australian unemployment figures were released and the data came out better...
Will Australia cut interest rates soon and the impact on the pound vs the Australian dollar

Pound vs Australian dollar: Will the GBP/AUD rate remain above 1.80?

The pound vs Australian dollar rate has found itself back over 1.80 as expectation for a Brexit deal have increased. In what is being billed as a crucial day ahead for Brexit and therefore the pound, sterling could very easily find itself the centre of attention as the market digests the news. Pound vs Australian dollar forecast: Will a Brexit deal be agreed? Clearly the mood is buoyant and expectation high but we have been here on a number of occasions in the past and very...
RBA keeps rates on hold

Pound to Australian Dollar – Sterling Outlook Uncertain as Brexit Negotiations Reach Endgame

The pound has slipped lower against the Australian dollar this week with rates now sitting well below 1.80 for the pound to Australian dollar pair. Brexit key for pound to Australian dollar rate Brexit is likely to remain the biggest driver for the pound to Australian dollar rate this week after UK Prime Minister Theresa May made a speech last night which signalled optimism that a deal on Brexit could be reached whilst the talks continued overnight. She said that talks were immensely difficult but...
GBP to AUD forecast: Will the next Parliamentary Brexit vote affect GBP/AUD?

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/AUD Forecast - Is the pound likely to make a move back towards 1.85?

Sterling Australian Dollar exchange rates stable as we potentially head towards Brexit deal

The Pound has remained fairly stable against the Australian Dollar over the course of the trading week and the exchange rate has not managed to move too far away from the 1.80 level. Currently it looks like the UK are heading ever closer to negotiating an initial deal with the EU and rumours that hit the wires yesterday suggested that there is not a timeline in place for Theresa May and Brexit negotiator Dominic Raab to start the ball rolling and take one step closer...
GBP to AUD Rates Hit 2 1/2 Year High

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...