GBPAUD could tap 2.0 in the week ahead, but this will require a dovish Reserve Bank of Australia (RBA) decision and some above-consensus UK data.
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Analysts at ING expect the Australian Dollar will struggle through the middle part of the year.
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The Australian Dollar is tipped to extend a recent advance against the Euro and British Pound by a trader on JP Morgan's dealing desk.
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Australia has managed to duck a universal tariff placed on U.S. imports of iron and steel.
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The Australian Dollar could come under pressure against Pound Sterling in the coming week.
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The Pound has fallen back from Monday's highs against the Australian Dollar, putting the short-term recovery impulse into question.
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The Australian Dollar trends lower in response to news China has retaliated to U.S. import tariffs.
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