February UK PMIs Could Weaken GBP/AUD Exchange Rate if Results Suggest Gloomy Economic Forecast Another...
AUD to GBP Exchange Rate News and Forecasts
The Australian Dollar to Pound Sterling (AUD/GBP) exchange rate has seen marked movement over the last five years.
While Australia’s economy was outstripping the UK’s the AUD/GBP currency pair was trading in the region of 0.68 pence. However, as the UK’s fortunes improved and both external and domestic factors had an adverse impact on Australian growth, the Australian Dollar to Pound Sterling exchange rate fell to a low of 0.53 pence in 2014.
With the Bank of England (BoE) moving towards policy normalisation and the Reserve Bank of Australia (RBA) maintaining steady interest rates, further AUD/GBP weakness could be on the cards.
Please find our latest Australian Dollar to Pound Sterling (AUD/GBP) exchange rate news and up-to-date currency forecasts below.
Volatility Forecast for Pound Australian Dollar (GBP/AUD) Exchange Rate on Latest Australian Unemployment Data
Unimpressive IMF Forecasts Limit Pound Australian Dollar (GBP/AUD) Exchange Rate Strength In spite of Tuesday’s...
Australian Inflation Misses Forecast to Leave Pound Australian Dollar (GBP/AUD) Exchange Rate on Stronger Footing
Pound Australian Dollar (GBP/AUD) Exchange Rate Gains After Australian Inflation Misses Forecast As the fourth...
Can Signs of Rising Australian Inflation Drag Pound Australian Dollar (GBP/AUD) Exchange Rate Lower?
Postive Australian Inflation Gauge Dents Pound Australian Dollar (GBP/AUD) Exchange Rate While the TD Securities...
GBP/AUD Exchange Rate Slumps as Hammond and Davis Head to Germany to Discuss Trade
Pound Kept Weak as Markets Await Outcome of Hammond and Davis Trip to Germany Update,...
Pound Australian Dollar Exchange Rate Softens Despite UK GDP Revision
While the finalised third quarter UK gross domestic product saw a surprise upward revision this...
Brexit Progress Boosts Pound Australian Dollar Exchange Rate
Anticipation as the UK finally prepares to move onto the second phase of Brexit talks...
Bank of England Rate Hike Fails to Support Pound Australian Dollar Exchange Rate
Even though the Bank of England (BoE) opted to raise interest rates to 0.5% at...
How Long Can Pound Australian Dollar Exchange Rate Rally Last After Unimpressive UK GDP Report?
An unexpectedly sharp uptick in the BBA mortgage approvals figure for July helped to boost...
Mixed Messages Over Brexit Divorce Bill Leave GBP AUD Exchange Rate Under Pressure
Ongoing confusion over Brexit and the size of the UK’s potential divorce bill have weighed...