GBP/AUD is forecast to fall back to levels last seen in 2013, according to new forecasts released by Rabobank.
December 7,2022
GBP/AUD sits poised at a key area of resistance that, if broken, could usher in new highs, but failure to breach could ultimately result in a pullback over the course of the coming week.
December 5,2022
The Pound to Australian Dollar exchange rate retreated further from recent highs above 1.80 in midweek trade and could be likely to wander within a 1.7660 to 1.8046 range over the coming days as a tug-of-war plays out between a buoyant U.S. Dollar and rallying Chinese Renminbi.
November 30,2022
GBP/AUD has been edging higher for a number of weeks and could extend the advance if global sentiment linked to China deteriorates further.
November 28,2022
The Pound to Australian Dollar exchange rate has benefited from a corrective setback in AUD/USD that could keep Sterling buoyant above 1.7750 this week as attention turns to monetary policy commentary from the Reserve Bank of Australia (RBA), Federal Reserve (Fed) and Bank of England (BoE).
November 21,2022
November 14,2022
GBP/AUD higher at the start of another week that could well centre on developments in China, where authorities are proving eager to push back against rumours they are willing to reconsider their zero-Covid policy.
November 7,2022
The Pound to Australian Dollar exchange rate has remained close to six month highs in recent trade but its recovery from the post-referendum lows plumbed in late September has been stalled by a thicket of technical resistances that could keep Sterling contained below roughly the 1.8000 level in the days ahead.
October 25,2022
The Pound to Australian Dollar exchange rate has rallied sharply over the last fortnight and entered the new week on the front foot but could struggle to extend its recovery much beyond the current 1.76 level in the days ahead.
October 11,2022
Goldman Sachs cut AUD forecasts, raising GBP/AUD forecast profile. Credit Suisse says staying bearish AUD.
October 10,2022
Global Reach Group have released their latest pack of key Pound Sterling forecasts covering the remainder of 2022 and the first three quarters of 2023.
October 10,2022
The Pound to Australian Dollar rate has been highly volatile of late but there may now be a basis for thinking it's unlikely to fall any lower than 1.6327 from here and that its recovery from this week's all-time lows could potentially extend as far as, or perhaps even above 1.70 up ahead.
September 27,2022
The Pound to Australian Dollar exchange rate remained close to four-year lows during the midweek session but may be at risk of heavy losses in the days ahead, which could potentially see Sterling falling to some of its weakest levels since the months after the 2016 Brexit referendum.
September 21,2022
The Pound to Australian Dollar exchange rate reached new lows for the year and its softest level since October 2017 to open the new week but appeared to stabilise near an important level of technical support around 1.6874 on charts, suggesting a tentative bottom may be in for GBP/AUD.
August 30,2022
The Pound to Australian Dollar exchange rate approached new five year lows this week but with a major level of technical support now nearby on the charts, any further losses may be limited to around the 1.6874 level in the days ahead.
August 25,2022
The Australian Dollar is "catching its breath" before it pushes higher, according to a new analysis from Rabobank.
August 25,2022
AUD will likely remain preferred to GBP for the foreseeable future, but a break below a key level looks unlikely says Westpac who reckon much of the UK's energy shock is 'in the price'.
August 24,2022
JP Morgan backs a rise in the Australian Dollar over coming months, saying the country's record breaking trade surpluses will provide a fundamental source of support.
August 18,2022
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