GBP/AUD supported at 1.84-1.8450, iron ore decline underpins AUD weakness, inflation is this week's hot ticket.
April 24,2023
The Australian Dollar has been one of the biggest fallers among major currencies this year but downgraded forecasts from Commonwealth Bank of Australia (CBA) suggest it could fall further against some currencies and remain an underperformer in the months ahead.
April 18,2023
GBP/AUD could approach 1.90 in the weeks ahead and might also find itself well-supported above roughly 1.8350 if the more favourable relative interest rate outlook is sustained.
April 13,2023
GBP/AUD risking corrective setback from 13-month high if retail sales or CPI prompts increase in RBA rate pricing.
March 27,2023
The Pound to Australian Dollar exchange rate entered the new week on the front foot but with Federal Reserve (Fed) and Bank of England (BoE) interest rate decisions still looming ahead the risk is of GBP/AUD rising further in a possible upward breakout on the charts over the coming days.
March 20,2023
The Pound to Australian Dollar exchange rate stalled at one-year-highs before reversing to the downside early in the new week but would risk a deeper corrective setback if clarity emerges around the Australian employment situation or if UK economic developments hamstring Sterling in the days ahead.
March 14,2023
Foreign exchange strategists at a leading Australian bank say the Pound can extend its recent gains against the Australian Dollar.
March 8,2023
March 31,2023
Strategists at JP Morgan look to maintain a 'short' position on the British Pound against the Australian Dollar.
February 8,2023
GBP/AUD is poised for downside according to new analysis from JP Morgan, the global investment bank.
January 26,2023
It will be the return of Chinese citizens that offers the biggest boost to the country's export growth, which aids a bullish AUD view, says HSBC.
January 18,2023
GBP/AUD could fall below 1.70: Rabobank, UBS sees AUD/USD upside over coming months, "We expect AUD/USD to outperform" says Barclays.
January 17,2023
The Pound to Australian Dollar exchange rate entered the new week multi-month lows but would risk falling to some of its softest levels since late September if the currently outperforming antipodean currency remains ascendant in the days ahead.
January 10,2023
The Pound to Australian Dollar exchange rate has established a foothold above the 1.80 handle over the course of December while continuing to test technical resistance just above the 1.82 level in recent trade and directional risk likely remains tilted toward the upside heading into the festive holidays.
December 19,2022
The Pound to Australian Dollar exchange rate has established a foothold above 1.80 thus far in December but would risk falling back 1.79 in the days ahead if Thursday's Bank of England (BoE) decision rocks the boat for Sterling or if the Aussie continues to outperform over the remainder of the week.
December 13,2022
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