After a bullish UK services PMI rounded out a trio of solid surveys the mood...
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.
Weaker UK GDP Fails to Dent Pound Australian Dollar Exchange Rate
Although the UK gross domestic product slowed further than anticipated in the first quarter of...
Pound Australian Dollar Exchange Rate Bullish Despite Aussie Inflation Uptick
Although Australian inflation edged back into the Reserve Bank of Australia’s (RBA) target range this...
Pound Australian Dollar Exchange Rate Falters Ahead of UK Wage Data
Although UK inflation held steady at 2.3% on the year in March this was not...
Could GBP AUD Exchange Rate Return to a Downtrend on Softer UK Services PMI?
As the UK manufacturing and construction PMIs both fell short of forecast in March the...
What Impact could Next Week’s RBA Decision have on AUD GBP Exchange Rate Outlook?
The Australian Dollar to Pound exchange rate slipped further from its weekly highs on Friday...
Will Pound Australian Dollar Exchange Rate Maintain Uptrend as Brexit Process Begins in Earnest?
Demand for the Pound remained volatile as the formal process of Brexit got underway, with...
GBP AUD Exchange Rate Trends Higher Ahead of RBA Rate Decision
Weak Retail Sales Weighed on Australian Dollar Confidence in the Australian economy was knocked back...
Weakening UK Consumer Spending to Weigh on Long-term GBP AUD Forecasts
Poor retail sales figures for December dented the outlook for UK consumer-spending, weighing on long-term...
Pound Australian Dollar Exchange Rate Dented by Bullish Iron Ore Price
Solid UK GDP Estimate Failed to Boost Sterling Outlook In spite of the NIESR gross...