A modest uptick in the UK services PMI encouraged the Pound to extend its bullish...
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.
Neutral RBA Minutes Forecast to Boost Pound Australian Dollar Exchange Rate
Better-than-expected Rightmove house price figures helped to set the Pound Australian Dollar exchange rate on...
Pound Australian Dollar Exchange Rate Slips Lower as UK Wage Growth Remains Sluggish
The latest comments from Bank of England (BoE) deputy governor Ben Broadbent sent the Pound...
Weak Risk Appetite Offers Support to Pound Australian Dollar Exchange Rate
Risk appetite faltered once again in the wake of a weaker-than-expected Chinese consumer price index,...
GBP AUD Exchange Rate Predicted to Slide on Rising UK Wage Squeeze
The Pound has traded poorly against the Australian Dollar recently, dropping by -0.7%. This has...
Further Pound Australian Dollar Exchange Rate Losses Likely if BoE Dovishness Deepens
After the sharp drop prompted by the results of the UK general election the Pound...
Pound Australian Dollar Exchange Rate to Remain Vulnerable as Political Jitters Intensify
May’s UK services PMI did little to improve confidence in the outlook of the economy,...
GBP AUD Could Fall if UK PMIs Point to Further Economic Weakening
The next round of Markit PMIs for the UK will begin at the end of...
Pound Australian Dollar Exchange Rate Trends Lower on Disappointing UK Borrowing Figures
UK public sector net borrowing rose further than forecast in April, indicating a greater widening...
Could Pound Australian Dollar Exchange Rate Rally on Dovish RBA Minutes?
Although Australian home loans failed to pick up as forecast in March this failed to...