The Pound has traded poorly against the Australian Dollar recently, dropping by -0.7%. This has...
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.
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...
Pound Australian Dollar Exchange Rate Strengthens as Risk Appetite Diminishes
After a bullish UK services PMI rounded out a trio of solid surveys the mood...
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...