Pound to Australian Dollar Forecast for Week Ahead: GBP/AUD Pressured by UK-US Trade Deal Setbacks

  • Looking to the week ahead, the primary catalyst of movement for the Pound to Australian Dollar exchange rate is likely to be the Bank of England's (BoE) latest interest rate decision. The BoE is widely expected to deliver a 25bps rate cut this month, which will likely apply pressure to the pound, particularly if the bank also signals it.