The British pound to Australian dollar exchange rate is currently a percent lower at 1.6623.

For those looking to buy GBP with their AUD; be prepared for less favourable rates suggest recent forecasts for the currency pair.

According to the charts, "as long as 1.644 is support look for 1.658," warn technical analysts at Trading Central.

However, should fortunes swing in favour of the Aussie, "the downside breakout of 1.644 would call for 1.641 and 1.64."

"The RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading above both its 20 and 50 MAs (respectively at 1.6452 and 1.6307)," say Trading Central.

Please be aware that the above forex rates are from the wholesale markets - your bank will affix their own discretionary spread to the numbers. However, an independent FX provider will guarantee to undercut your bank's rate, thus delivering you more currency. Please find out more here.