Australian Dollar Forecast

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.

Australian interest rates are unlikely to rise as high as they will in other developed nations, implying a 'carry disadvantage' that leaves analysts at NatWest Markets bearish on the Australian Dollar for 2023.

GBP/AUD is forecast to fall back to levels last seen in 2013, according to new forecasts released by Rabobank.

GBP/AUD sits poised at a key area of resistance that, if broken, could usher in new highs, but failure to breach could ultimately result in a pullback over the course of the coming week.

GBP/AUD has been edging higher for a number of weeks and could extend the advance if global sentiment linked to China deteriorates further.

GBP/AUD at 1.78 and then 1.80 is possible if the cards fall in Sterling's favour.

GBP/AUD, EUR/AUD and AUD/USD forecasts from Intesa Sanpaolo.

GBP/AUD higher at the start of another week that could well centre on developments in China, where authorities are proving eager to push back against rumours they are willing to reconsider their zero-Covid policy.

AUD and NZD are set to extend their decline as commodity prices prove unsupportive and a fall in global stock markets continues well into 2023.

Goldman Sachs cut AUD forecasts, raising GBP/AUD forecast profile. Credit Suisse says staying bearish AUD.

The Australian Dollar is a "quality" currency that is set to rally against the U.S. Dollar and all other major currencies over coming months, according to new analysis from BMO Capital Markets.

"We expect the Australian dollar to weaken over the remainder of this year and next, for two key reasons" - Capital Economics.

The Australian Dollar is "catching its breath" before it pushes higher, according to a new analysis from Rabobank.

AUD will likely remain preferred to GBP for the foreseeable future, but a break below a key level looks unlikely says Westpac who reckon much of the UK's energy shock is 'in the price'.

AUD is set to remain favoured against GBP over coming days.

JP Morgan backs a rise in the Australian Dollar over coming months, saying the country's record breaking trade surpluses will provide a fundamental source of support.

AUD is underperforming its G10 peers at the start of the new week following the release of disappointing data from China, but it nevertheless looks well supported against the British Pound having broken out of a long-held range on Friday.

GBP/AUD recovering from bottom of range, reaffirming downside support levels