Pound to Australian Dollar Forecast: UK policymakers talk down the Pound

Will the Pound to Australian Dollar exchange rate break through 1.80 again this year?

At the time of writing the Pound to Aussie Dollar buying rate is lodged just below the 1.80 mark, with its next move likely to offer the pair direction as the year progresses. The highest the pair have traded this year is 1.8448, and considering the pair have traded in the 1.60's over the past year we're still much closer to the annual highs than lows. This is something I think those of our readers exchanging Pounds into Aussie Dollars should consider, especially with the...
AUD Edges Over GBP as Australia Looks to Ease Lockdown Restrictions

Pound to Australian dollar forecast: Could GBPAUD hit 2?

The pound to Australian dollar pairing has seen some volatility in rcent weeks, as investors look to gauge the future expectations for both Brexit and the Trade Wars. Personally, I would not be surprised to see the pound rise against the Australian dollar in the coming weeks as investors seek to better understand what lies ahead on Brexit. The expectation now is that we could very easily see an extension to the Article 50 window, which would put the UK on a longer leaving time-frame....
Australian Dollar Retreats Against the Pound as Trump Threatens US-China Trade War

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 Exchange Rate Slides as Hard Brexit Bets Build-Up

Australian Dollar Moves on Turkey Developments

The Pound continues to see a volatile period against the Australian Dollar with a lack of clear direction as a result of mixed news and data coming from the British and Australian economies. The Pound still remains on the back foot in the Brexit limbo period whilst Parliament is asleep for the summer recess. Rates for GBP AUD had fallen to levels below 1.73 earlier in the week although a rally in recent days has seen rates push higher to over 1.75 for the pair. ...
Pound to Dollar Rate Pinned Down by Vaccine Concerns

Pound to Australian dollar forecast: Tory leadership race leaves the pound with an uncertain...

And they’re off: The Conservative Party race gets underway Theresa May officially stepped down as leader of the Conservative Party on Friday, triggering yet more Brexit fuelled uncertainty. Mrs May will remain as prime minister until her successor is elected – a race that begins in earnest today when nominations close at 5pm. If that person is a Eurosceptic, the risk of a no-deal Brexit could become a reality – a result that is likely to weigh heavily on the pound. Meanwhile, leading Tory candidate, Michael...
GBP/AUD Forecast: Will the Australian Dollar Overcome the Coronavirus Fears?

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...
Bank of England Policy Troubling Pound Sterling

Pound Sterling Down Against the Euro and US Dollar as BoE Interest Rate Decision...

Since the 23rd March the UK has been in lockdown which has seen big falls for the stock market owing to the uncertainty of when the UK will be ‘getting back to work'. Pound sterling has however, during this time managed to improve against a number of different currencies including vs the euro and the US dollar. Sterling exchange rates prior to the lockdown suffered particularly vs the US dollar as the pound fell to its lowest level to buy US dollars since 1985. Indeed,...
AUD Edges Over GBP as Australia Looks to Ease Lockdown Restrictions

Australian Dollar Weakens as Unemployment Increases Down Under, What Next for GBP/AUD?

The pound has gained against the Australian dollar in the early hours of this morning, pushing the GBPAUD close to the highest levels seen within the past 3 years and 5 months. Sterling Highs Against the Australian Dollar The highest levels seen since June of 2016 are 1.9093 and earlier this morning the pair reached a high of 1.8898 so the rate is getting close to testing those levels once again. The reason for the 0.5% gain so far today is mostly down to Australian dollar...
Aussie gains 3.44% in one week

GBP to AUD Exchange Rates Uncertain as Brexit Approaches

The pound to Australian dollar exchange rate has slipped lower following the latest Brexit developments from the House of Commons this week. Rates for GBP to AUD have fallen below 1.82 for the pair and rates are likely to be highly reactive to any new political developments in the UK when it comes to Brexit. The mood from Brussels following the Brady amendment, which seeks to find alternative arrangements surrounding the Irish backstop has not been positive to any re-opening of dicscussions. In fact European...
Aussie gains 3.44% in one week

GBP AUD Rates Move Higher – More Trade Tariffs Expected

The Pound continues its rally higher against the Australian Dollar with rates breaking 1.83 for the GBP AUD pair. Much of the market movement stems from an uncertain outlook for the Australian economy but also due to the wider uncertainty from the ongoing trade wars between the US and China. More trade tariffs are expected imminently from US President Donald Trump which will be levied on China and have a knock on effect on Australia. More of this action is likely to see further...