Pound to Australian Dollar outlook Will GBPAUD levels rise or fall this week?

Pound to Australian Dollar outlook: Will GBP/AUD levels rise or fall this week?

The pound to Australian dollar exchange rate could be dealt some fresh news this week with the latest news on Brexit, and also the latest economic news from Australia, plus news on the Trade Wars. All of these issues are linked with movement on the pairing and may be events to watch this week, for clues as to further possible exchange rate movements ahead. Brexit developments causing volatility for GBP/AUD rates On Brexit, further turbulence over the weekend stemmed from Amber Rudd quitting the cabinet which...
Pound to Australian Dollar exchange rate GBP/AUD continues to trade towards its lowest levels of 2019

Pound to Australian Dollar rate: Aussie Dollar strength cancels out any gains for the...

Pound fails to move against the Australian Dollar The pound has strengthened quite considerably against a number of major currencies this week, although the currency's gains against the Australian dollar have been subdued as the Australian dollar has seen a spell of strength cancelling out any boosts for GBP regarding GBP/AUD. Brexit dictating Sterling movement Sterling has been rising and rose by the highest amount over 2-days in 10-months against the euro this week. The GBP/USD rate has also climbed by around 1% and this has been...
Pound to Australian Dollar exchange rate Political issues support the Sterling vs the Australian Dollar

Pound to Australian Dollar exchange rate: Political issues support the Sterling vs the Australian...

Political uncertainty and the impact on the Australian Dollar The pound has risen overnight against the Australian dollar after an interesting last few hours. The pound tipped over 1.80 on the Interbank level after Prime Minister Boris Johnson suffered a number of blows to his plans. MPs came together to block a no deal Brexit. This has led the PM to call for a snap election. However, he was been unable to get this approved as he needed support from two thirds of parliament in order...
Pound to Australian Dollar forecast GBPAUD rates see movement as a possible Brexit extension is on the horizon

Pound to Australian Dollar forecast: GBP/AUD rates see movement as a possible Brexit extension...

Pound to Australian Dollar exchange rates: Could another extension to Article 50 be granted? The pound to Australian dollar exchange rate has made gains as sterling has seen movement against the majority of major currencies following the news there is to be an Brexit extension set until 31st January. Generally speaking the higher the probability of a no deal the weaker you would expect the pound to become. Boris Johnson has previously used the threat of a no deal as ammunition to get a more favourable...
Australian Dollar gains ground on Sterling Politics weighs on the Pound and Australian data generally positive

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 GBPAUD rates fall to 1.80 as Brexit protesters take to the streets in their thousands

Pound to Australian Dollar forecast: GBP/AUD rates fall to 1.80 as Brexit protesters take...

Sterling falls below 1.80 against the Australian Dollar Pound to Australian dollar exchange rates fell back below 1.80 overnight, with the pound hitting a low of 1.7989 on the interbank exchange. Whilst the pound found enough support to push back above this key threshold, it has fallen away from last week’s highs of around 1.82. Pound volatile to Brexit developments Sterling has come under pressure across the board following Prime Minister Boris Johnson’s decision to suspend parliament for up to five weeks in the run...
Pound to Australian Dollar forecast GBPAUD volatility expected as UK Parliament looks set to return

Pound to Australian Dollar forecast: GBP/AUD volatility expected as UK Parliament looks set to...

Pound to Australian Dollar movement expected as Parliament is set to resume on September 3rd The pound to Australian dollar exchange rate is holding on to its recent gains with rates for GBP vs AUD sitting at 1.8140. After the hot UK bank holiday weekend, the markets will now focus on all the latest Brexit developments this week with political fireworks expected as we approach the 31st October Brexit deadline. High volatility is to be expected for GBP to AUD exchange rates as parliament will...
Pound to Australian Dollar rate AUD sell off continues despite ongoing Brexit uncertainty

Pound to Australian Dollar rate: AUD sell-off continues despite on-going Brexit uncertainty

Australian Dollar fails to make inroads against the Pound The Pound to Australian dollar exchange rate has remained stagnant as the AUD has failed to find much of a footing of late against GBP, despite the on-going uncertainty surrounding Brexit and the knock on effect this has had on the pound’s value against most of the other major currencies. Despite the market remaining sceptical about Sterling’s short-term prospects, it has still managed to make inroads against the AUD over the past week, with GBP/AUD rates closing...
Pound to Australian dollar forecast Key GBPAUD events this week to watch out for

Pound to Australian dollar forecast: Key GBP/AUD events this week to watch out for

Reserve Bank of Australia minutes released tomorrow: What could affect GBP/AUD rates this week? The pound to Australian dollar exchange rate could be set for a quiet week as there is few data releases and central bank meetings this week, although the Reserve Bank of Australia (RBA) will be releasing its minutes in the early hours of tomorrow morning. This could be a potential market mover as the RBA will be in focus and also the Australian economy has been showing signs of cooling down...
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...