Australian Dollar Forecast

GBP/AUD is in an uptrend with technical signals suggesting more gains are incoming.

GBP/AUD supported at 1.84-1.8450, iron ore decline underpins AUD weakness, inflation is this week's hot ticket.

The Australian Dollar has been one of the biggest fallers among major currencies this year but downgraded forecasts from Commonwealth Bank of Australia (CBA) suggest it could fall further against some currencies and remain an underperformer in the months ahead.

GBP/AUD could be prone to near-term weakness according to a new assessment from strategists at UBS.

Commerzbank has suggested that the Australian Dollar may experience a boost if market players have underestimated the strength of the Australian economy, as well as the Reserve Bank of Australia's (RBA) resolve to pursue further interest rate hikes.

GBP/AUD could approach 1.90 in the weeks ahead and might also find itself well-supported above roughly 1.8350 if the more favourable relative interest rate outlook is sustained.

RBA halts hiking cycle, AUD falls back, Gov. Lowe says further hikes are possible.

The Australian Dollar is underperforming other 'Chinese reopening' financial assets and now looks attractive as a result, according to new research from strategists at Bank of America.

Foreign exchange strategists at a leading Australian bank say the Pound can extend its recent gains against the Australian Dollar.

GBP/AUD could have scope to test above 1.79 short-term.

The Australian Dollar could be set to experience further declines in value if the S&P 500 embarks on a more protracted decline, which is anticipated in a new study conducted by JP Morgan.

"As for the Australian economy, growth has been steady, and we do not expect a recession to occur this year" - Wells Fargo.

Strategists at JP Morgan look to maintain a 'short' position on the British Pound against the Australian Dollar.

The Australian Dollar can appreciate further says one of Australia's largest banks.

GBP/AUD is poised for downside according to new analysis from JP Morgan, the global investment bank.

GBP/AUD looks to test key support on big drop that follows AUD/USD's break through 0.70 resistance.

It will be the return of Chinese citizens that offers the biggest boost to the country's export growth, which aids a bullish AUD view, says HSBC.

GBP/AUD could fall below 1.70: Rabobank, UBS sees AUD/USD upside over coming months, "We expect AUD/USD to outperform" says Barclays.

The Pound to Australian Dollar exchange rate entered the new week multi-month lows but would risk falling to some of its softest levels since late September if the currently outperforming antipodean currency remains ascendant in the days ahead. 

AUD forecast to strengthen in 2023 by NAB.