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    GBP to AUD Forecasts

    The energy crisis has taken over from the coronavirus pandemic as the main theme of GBP to AUD forecasts into 2022

    Updated: Jan 25, 2022  

    1 GBP = 1.8910 AUD
    Sell GBP  →  Buy AUD
    GBP to AUD at 1.8921 has risen 1.7% above average of its 90-day range 1.8169-1.8975.
      1 AUD = 0.5288 GBP

    GBP/AUD Outlook

    Late January the GBP/AUD exchange rate has dropped from 17-week highs as investors became worried about the state of the pound sterling.

    The future of the British pound is unknown as there are talks that investigations into the Downing Street parties could cost Boris Johnson his job, even though he has been trying to remove all virus restrictions and improve his poll numbers.

    Both economies have recovered from recent lockdowns and virus struggles, but the Aussie dollar is poised to gain even more after the RBA’s interest rate expectations were brought forward.

    GBP/AUD wasChangePeriod
    12 Jan 2022
    0.5% 2 Weeks
    28 Oct 2021
    3.2% 90 Days
    26 Jan 2021
    6.7% 1 Year
    27 Jan 2017
    13.8% 5 Years
    29 Jan 2012
    28.3% 10 Years
    31 Jan 2002
    32% 20 Years
    GBP/AUD change over periods to 26-Jan-2022


    British Pound Sterling to Australian dollar bank forecasts

    The Sterling to Aussie exchange rate is even more volatile than usual because of the uncertainties around how the British economy will perform post-Brexit and the relative impact on the two economies of the Covid-19 pandemic.

    NAB have revised upwards their Aussie to pound sterling forecasts now expecting the GBP/AUD rate to be at A$1.88 by June 2022.

    Westpac have changed their GBP-AUD forecast from 1.85 to 1.81 by the end of September, which is an upgrade from an earlier projection of 1.7857.

    Australia and the United Kingdom signed a free trade agreement in June 2020, which will make whisky and wine cheaper in both countries and reduce tariffs on speciality foods, also easing travel and work restrictions.

    You can read more about GBP cross-rate forecasts here GBP Trends and Forecasts for 2021.


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    Posted under: #Forecasts #AUD #GBP

    Disclaimer: Please note any provider recommendations, currency forecasts or any opinions of our authors should not be taken as a reference to buy or sell any financial product.