The Australian Dollar-to-Pound Sterling forecast is an indication of where technical and fundamental analysts think the GBPAUD price may be in the future. You can use these exchange rate forecasts to help you decide if now is the right time to buy Britsh Pounds with Aussie Dollars, or if you should wait until the price improves.
How many Pounds does 1 Australian Dollar get at the live exchange rate?
At the live current AUDGBP exchange rate 1 AUD is worth 0.478595 GBP which is a change of 0.14% from the previous day’s closing price. Over a week AUDGBPis 0.14%, compared to its change over a month of -0.43% and one year of -8.49%.
AUDGBP exchange rate data is updated every 15 minutes.
GBPAUD Forecast highlights
- GBPAUD affirming 2.050 as support, following a retracement from 2.150
- Sterling affirms long-term strength against AUD, in the wake of new US tariffs
- Near-term outlook uncertain; rate may retest 2.050
How has GBPAUD performed recently?
The outlook for the global economy is dimming. In early June, the OECD (a group comprised of economically advance countries) describes the economic prospect as ‘increasingly challenging’.
Against this backdrop, Sterling-Aussie Dollar continues to maintain its prior trend. Prices did surge in early April, but that was a brief affair, one caused by President Trump’s ‘Liberation Day’ tariffs. By the time traders worked out the implications of those tariffs, prices quickly retreated below 2.10.
Chartwise, GBPAUD’s long-term uptrend remain intact. While April’s breakout failed to maintain, it affirmed the wide uptrend channel – a pattern defined by the upper and lower trendlines (see below). In other words, Sterling is holding an upper hand here against AUD.
Looking closely, however, we’re noting some resistance at 2.100, which starting to assert against the uptrend. A retracement? Possibly. One near-term floor is observed at 2.05, followed by another at 2.00.
Is it a good time to buy GBP?
By historical standards, 2.00 is a major level in GBPAUD (that is, two Aussie dollars to one pound Sterling).
Having broken this psychological level, the rate is staying north of this line. This means the GBP is continuing to assert strength against AUD.
Is now the time to buy GBP? If you urgently need GBPs in the near term, the answer is yes. But if you can wait further, the rate may retrace into the range floor at 2.050. This would be a better rate to buy Sterling.
Will GBP get stronger in second half of 2025?
Earlier this year, at around January Sterling came under some modest selling pressure. GBPAUD struggled to break 2.0. Doubts about the sustainability of UK growth emerged.
But that was pre-Trump days. Much has changed since. The shock investors received in April is still being digested. Just today (5 June), one Financial Times headline screamed: “Big investors shift away from US markets.”
This retreat has big, and important, implications for the global financial asset allocation. Trade pattern will follow the financial trail. But as capital seeps from Wall Street, it has to go somewhere. London is perhaps one destination. Is this why Sterling has been so firm thus far?
In addition, the IMF did put in good words for the UK economy recently. The fund summarised its findings rather positively. “An economic recovery,” the report pointed out “is underway. Growth is projected at 1.2 percent in 2025 and will gain momentum next year.” The report praised the Labour government, highlighting that the “authorities’ fiscal plans strike a good balance between supporting growth and safeguarding fiscal sustainability.”
Still, the global macro outlook is uncertain. Last year, Aussie long-term bond yields were above UK’s. Lately, this position has switched (see below). UK 10-year yield is running 0.35 percent higher than the Australia’s. This change of position could be another potential reason why GBP is modestly stronger than AUD.
Overall, it appears GBP’s strength against AUD is staying – for now – until new macro factors emerge to disturb the trend.
Source: Yardeni.com
What is the GBPAUD forecast in weeks?
Financial brokers are continuing to cast a negative tone on GBPAUD. In other words, they expect AUD to strengthen, gently, against Sterling.
According to the range of forecasts gathered by exchangerates.org.uk, the range of predictions dip continuously for the next few months, slowing heading into the psychological round number at 2.0 (see below).
This bearish take, of course, goes contrary to the current price trend. Therefore, whether this current prognosis will happen is a random event. For now, we focus on the (upward-loping) price pattern.
Source: ExchangeRates.org.uk (June 25)
Where is the best place for buying large amounts of Pound Sterling from Australian Dollars
There are two different ways people buy GBP from AUD:
- Through a currency broker – when transferring money abroad
- Through a forex broker – when speculating on the price of currency
You can use this comparison table of AUD currency transfer companies to see how many currencies they offer, what the minimum GBP transfer is and if they offer forwards and currency options as well as when they were established. You can either visit each currency broker individually or use our currency quote comparison tool to request multiple exchange rates.
Where is the best place for buying large amounts of Pound Sterling from Australian Dollars
There are two different ways people buy GBP from AUD:
- Through a currency broker – when transferring money abroad
- Through a forex broker – when speculating on the price of currency
You can use this comparison table of AUD currency transfer companies to see how many currencies they offer, what the minimum GBP transfer is and if they offer forwards and currency options as well as when they were established. You can either visit each currency broker individually or use our currency quote comparison tool to request multiple exchange rates.
Or, if you are more interested in trading GBPAUD you can compare Australian forex brokers here.
Jackson is a core part of the editorial team at GoodMoneyGuide.com.
With over 15 years industry experience as a financial analyst, he brings a wealth of knowledge and expertise to our content and readers.
Previously Jackson was the director of Stockcube Research as Head of Investors Intelligence. This pivotal role involved providing market timing advice and research to some of the world’s largest institutions and hedge funds.
Jackson brings a huge amount of expertise in areas as diverse as global macroeconomic investment strategy, statistical backtesting, asset allocation, and cross-asset research.
Jackson has a PhD in Finance from Durham University and has authored nearly 200 articles for GoodMoneyGuide.com.
You can contact Jackson at jackson@goodmoneyguide.com
