The Pound and Australian Dollar are evenly matched, but we could see the Aussie eke out some gains this week.
November 18,2024
GBP/AUD is forecast to maintain an upward bias in the coming five days. Risks include UK and Aussie labour market data releases and U.S. inflation midweek.
November 11,2024
We would expect a big decline in the Pound to Australian Dollar exchange rate (GBP/AUD) if Kamala Harris wins the U.S. Presidential election.
November 4,2024
GBP/AUD has started to build some tentative upside momentum and we think this can extend in the coming week.
October 28,2024
The Pound to Australian Dollar exchange rate (GBP/AUD) is supported, but there is limited prospect of a sizeable appreciation in the near future.
October 21,2024
GBP/AUD is forecast to probe the upper end of a short-term range in the coming days, thanks in part to disappointment over weekend events in China.
October 14,2024
The Australian Dollar is one of the better performing major currencies thanks to hopes of a Chinese economic revival. But it could suffer a setback this week as embedded expectations are challenged.
September 30,2024
The Pound and Australian Dollar are both outperformers in the current environment, which is flattening volatility in GBP/AUD.
September 23,2024
We forecast the Pound to struggle against the Australian Dollar in the week ahead owing to the strong likelihood that the Federal Reserve will cut interest rates by 50 basis points.
September 16,2024
The Australian Dollar is predicted to strengthen against the Euro, Pound and U.S. Dollar over the next few months and through 2025, according to a major Australian lender.
September 12,2024
The Pound to Australian Dollar exchange rate (GBP/AUD) is forecast to break above a key resistance line in the coming week amidst falling commodity prices and soft investor sentiment.
September 9,2024
Thursday's speech by Reserve Bank of Australia Governor Bullock is the main event out of Australia this week. However, it will be a U.S. jobs report that will determine where Friday's close is recorded.
September 2,2024
The Pound and Australia are two of the FX market's outperformers, which has left the GBP/AUD exchange rate tracking a sideways trend.
August 27,2024
The Pound to Australian Dollar exchange rate has consolidated its rally into early August and could now be likely to trade within a narrow range just above the 1.93 handle over the coming days.
August 20,2024
The Pound to Australian Dollar exchange rate has receded from early August highs but economic data on both sides of the GBP/AUD equation could help the pair to steady above 1.9315 in the week ahead.
August 12,2024
The Pound to Australian dollar exchange rate fell heavily on Thursday as hawkish remarks from the Reserve Bank of Australia Governor Michelle Bullock helped the antipodean currency to outperform, but the pair has likely reached a near-term bottom and may even have scope to recover as far as 1.97 in the days ahead.
August 8,2024
The Pound to Australian dollar exchange rate has leapt to post-pandemic highs in recent trade and the author’s model suggests it’s likely to remain buoyant above the nearby 1.96 handle over the coming days.
August 6,2024
The Pound to Australian Dollar exchange rate can undergo a decent pullback in the coming days as it corrects from heavily overbought conditions.
July 29,2024
Should global investor sentiment deteriorate further in the coming days, there is a good chance that GBP/AUD will make a run for 2024 highs at 1.9570.
July 23,2024
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