Pound to Euro Forecast | Pound to Dollar Forecast | Euro to Dollar Forecast | Pound to Australian Dollar Forecast | Pound to New Zealand Dollar Forecast | Pound to Canadian Dollar Forecast
The Pound was trading higher versus the Australian Dollar on Tuesday after the Reserve Bank of Australia (RBA) released the minutes from its March meeting that made dovish reading for investors, although the exchange rate could rise further still if Westpac is right with its latest interest rate forecasts.
March 19,2019
The Pound-to-Australian-Dollar rate is to begin trading around 1.8746 Sunday after rising by 1.7% in the previous week, although there are increasingly bearish signals coming from the charts that suggest, sooner or later, the market will see a correction lower.
March 17,2019
Our latest technical studies suggest the Pound could lose ground against the Aussie following a strong run that leaves it looking overbought.
March 15,2019
The Australian Dollar followed the Chinese Renmimbi lower Thursday after official data showed the latter's economy on the rocks, though the Antipodean unit is still likely to face further selling pressure over the coming weeks, according to analysts at HSBC.
March 15,2019
The Australian Dollar weakened in a risk averse market Wednesday, helping the Pound-to-Australian-Dollar rate to recover onto a firmer footing, although analysts say the Brexit saga playing out in London is a double edged sword for the Antipodean and British currencies.
March 13,2019
The Pound-to-Australian-Dollar rate remained within sight of multi-month highs Tuesday after having seen some of its largest swings of the New Year during the morning session, and analysts are warning that this volalitility could continue for a while yet.
March 12,2019
The technical outlook for GBP/AUD is mixed at this point - whilst the pair remains in an established short-term uptrend it is vulnerable to weakness because of a ‘broadening formation’ or ‘loudspeaker’ pattern which has developed.
March 11,2019
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