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Last modified on November 17th, 2017 3:50 am

When converting Australian dollars (AUD) to Pounds Sterling (GBP), or GBP to AUD, by exchanging via Direct FX, you will save a significant amount of money. Our wholesale currency exchange rates for money transfers are significantly more competitive than bank foreign exchange rates. Being Australasian based, we specialise in knowing what drives AUD/GBP currency conversion rates.

AUD to GBP Overview:The Australian dollar is currently seen as a barometer for global growth. Whilst the Pound Sterling is also seen as a “growth currency”, it gravitates closer to the middle of the “growth currency, safe haven currency” spectrum, in terms of currency risk profiles. Australia’s exposure to the Asian growth economies of the past decade, has seen it make what is now arguably a paradigm shift higher in value, against the Pound Sterling.

Historical Ranges: 1 year 5 years 10 years
AUD/GBP .5618 – .6716 .4482 – .6955 .3693 – .6955
GBP/AUD 1.4890 – 1.7800 1.4378 – 2.2311 1.4378 – 2.7078

Current Official Cash Rates:
Reserve Bank of Australia (RBA): 1.50%         Bank of England (BoE): 0.25%

AUD/GBP (GBP/AUD) Update:

Click here for AUDGBP charts

Now at 0.5736 the Australian dollar (AUD) has tracked lower all week against the UK Pound (GBP) which has been helped by better economic data. The AUD/GBP cross opened at 0.5856 at the start of the week and given the UK problems a push back to this level should be possible next week, but it will depend on which currency GBP or AUD is more resilient to further USD strength.

AUD/GBP Exchange Rates:

The current interbank midrate is: AUDGBP 0.5740     GBPAUD 1.7420

The interbank range this week has been: AUDGBP 0.5732 – 0.5860      GBPAUD 1.7066 – 1.7445

AUD/GBP (GBP/AUD) Update:

Click here for AUDGBP charts

Impact on this currency pair:

The AUD is marginally weaker on this cross now around 0.5816, but given the UK woes we believe AUD weakness on this cross is temporary and look for a push back to the 0.5850/70 level over the week.

AUD/GBP Exchange Rates:

Current Level Support Resistance Last week’s range
AUD/GBP 0.5816 0.5770 0.6080 0.5794 – 0.5869
GBP/AUD 1.7193 1.6447 1.7331 1.7038 – 1.7260
 

AUD/GBP

Impact on this currency pair:

The Australian dollar (AUD) is now at 0.5848 after the UK Pound (GBP) downward move over the last two days. The low of the week was at 0.5804. The next resistance is at the week’s high of 0.5868, look for test of this level over the next 12/24hrs. We expect GBP weakness to prevail on this cross and look for a move over 0.5900 towards 0.5930 into next week. Click here to access AUD/GBP currency charts.

AUD/GBP Exchange Rates: 

The current interbank midrate is: AUDGBP 0.5843       GBPAUD 1.7115

The interbank range this week has been: AUDGBP 0.5803 – 0.5889      GBPAUD 1.6982 – 1.7233

AUD/GBP

Currently sitting around 0.5836 the AUDGBP is back from the 0.5912 high on Friday. The overnight boost in UK Pound has knocked this cross, but given the ongoing Brexit issues we still look for a retest of 0.5930 later in the week, especially given commodity strength should continue to support the Australian dollar. Click here to access the AUD/GBP currency chart.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5835 0.5770 0.6080 0.5758 – 0.5889
GBP/AUD 1.7137 1.6477 1.7331 1.6982 – 1.7366

AUD/GBP

Impact on this currency pair:

The Australian dollar is now at 0.5887 vs the UK Pound, up from a 0.5788 yesterday after the BoE rate hike news. Although AUD is favoured on this cross with immediate resistance at 0.5930 likely to be tested early next week. Click here to access the AUD/GBP currency chart.

Exchange rates:

The current interbank midrate is: AUDGBP 0.5878 GBPAUD 1.7014

To access our live interbank midrate widget click here

The interbank range this week has been: AUDGBP 0.5758 – 0.5888 GBPAUD 1.6983 – 1.7366

Below are our AUDGBP and GBPAUD charts, for the past five trading days.  

AUD/GBP

Now around 0.5816 in a sideways pattern, but short term AUD downside looks favoured on this cross on a BoE rate hike come Thursday, immediate support is at 0.5800 then 0.5770. Click here to access the AUD/GBP currency chart.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5811 0.5770 0.6080 0.5803 – 0.5932
GBP/AUD 1.7209 1.6447 1.7331 1.6858 – 1.7231

AUD/GBP

The AUD continues to hold onto the 0.7800 level , bouncing back from the 0.7796 level , with stronger USD data expected over the week our view remains that downside is vulnerable, with a break of 0.7800 targeting 0.7750/50. Click here to access the AUD/GBP currency chart.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5898 0.5800 0.6080 0.5821 – 0.5904
GBP/AUD 1.6956 1.6447 1.7241 1.6937 – 1.7180

AUD/GBP

The Australian dollar has drifted lower against the UK Pound all week. It is now at 0.5846 down from 0.5907 at the start of the week. Immediate support is at 0.5820 which is not likely to be tested until next week when we also look for 0.5800 to be threatened. Click here to access the AUD/GBP currency chart.

Exchange Rates:

The current interbank midrate is:    AUDGBP 0.5845    GBPAUD 1.7109

The interbank range this week has been:    AUDGBP 0.5821 – 0.5914    GBPAUD 1.6910 – 1.7180

AUD/GBP

The disappointing Brexit speech has seen the AUD now at 0.5895 on this cross up from Friday’s levels, but overall direction is flat. The GBP is favoured given the stronger risk-off sentiment knocking the AUD. Click here to access the AUD/GBP currency chart.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5890 0.5800 0.6080 0.5825 – 0.5957
GBP/AUD 1.6978 1.6447 1.7241 1.6788 – 1.7167

AUD/GBP

The AUD has also suffered against the UK Pound dropping to 0.5838. The Brexit speech tonight may provide some respite for the Australian dollar but GBP economic data continues to be solid. More AUD is favoured next week. Click here to access the AUD/GBP currency chart.

Exchange Rates:

The current interbank midrate is:    AUDGBP 0.5837    GBPAUD 1.7133

The interbank range this week has been:    AUDGBP 0.5825 – 0.5970    GBPAUD 1.6750 – 1.7967

AUD/GBP

Australian dollar was knocked by the BoE tightening comments last night and better UK data. It is now at 0.5970 with bias to downside and a test of 0.5950 looks imminent. Click here to access the AUD/GBP currency chart.

The current interbank midrate is:    AUDGBP 0.5967    GBPAUD 1.6756

The interbank range this week has been:    AUDGBP 0.5953 – 0.6183    GBPAUD 1.6174 – 1.6799

AUD/GBP 

More positive Brexit news and weaker Aussie business confidence data has pushed the Australian dollar to 0.6075 against the UK Pound. Immediate support is at 0.6040 and tonight’s UK CPI provides a big event risk. AUD downside is favoured in the short term. Click here to access the AUD/GBP currency chart.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6076 0.6025 0.6205 0.6073 – 0.6183
GBP/AUD 1.6459 1.6116 1.6596 1.6174 – 1.6465

AUD/GBP

Has broken higher but still within broad 0.6100-0.6185 range, now at 0.6161 and looks more positive, a break of the AUD higher on the USD should see the 0.6185 level exceeded as UK news around Brexit maintains a negative GBP tone. Click here to access the AUD/GBP currency chart.

Exchange Rates:

The current interbank midrate is:    AUDGBP 0.6060    GBPAUD 1.6234

The interbank range this week has been:    AUDGBP 0.6102 – 0.6176    GBPAUD 1.6190 – 1.6388

AUD/GBP

The Australian dollar is still in sideways pattern vs the UK Pound with direction unclear. It is now at 0.6157 on the softer GBP and we continue to see trading within the 0.6100-0.6185 range this week with AUD data having potential to push the Aussie towards the top of this range. Click here to access the AUD/GBP currency chart.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6155 0.6060 0.6205 0.6106 – 0.6185
GBP/AUD 1.6248 1.6116 1.6502 1.6169 – 1.6377

The Australian dollar is maintaining its sideways trade against the GBP with no clear direction. Now at 0.6142 and we expect the 0.6100- 0.6185 range to hold into early next week.
The current interbank midrate is:    AUDGBP 0.6141    GBPAUD 1.6283

The interbank range this week has been:    AUDGBP 0.6106 – 0.6186    GBPAUD 1.6166 – 1.6377

The Australian dollar is still in a sideways pattern albeit more GBP positive with the AUD lower at 0.6128 the renewed risk-off tone favours the GBP on this cross and a move down towards 0.6100 now looks likely.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6123 0.6060 0.6205 0.6116 – 0.6186
GBP/AUD 1.6331 1.6116 1.6502 1.6166 – 1.6350

The Australian dollar continues to trade sideways vs the UK Pound. It is now at 0.6167 but with the weaker GBP tone a crack at the 0.6200 level is possible next week.
The current interbank midrate is:    AUDGBP 0.6164    GBPAUD 1.6224

The interbank range this week has been:    AUDGBP 0.6120 – 0.6183    GBPAUD 1.6173 – 1.6341

The AUD has continued to hold firm against the UK Pound and is currently at 0.6160. It is trading sideways but holding at current levels looks to be building a base for a crack on to the 0.6200 region.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6160 0.6060 0.6205 0.6043 – 0.6177
GBP/AUD 1.6234 1.6116 1.6502 1.6190 – 1.6549

The Australian dollar has strengthened against the UK Pounds as softer UK data and Brexit concerns scare investors away from the GBP. It is now at 0.6130 after a high 0.6177 two days ago and should hold current levels into next week, we favour another run at 0.6160/70…
The current interbank midrate is:    AUDGBP 0.6127    GBPAUD 1.6321

The interbank range this week has been:    AUDGBP 0.6036 – 0.6175    GBPAUD 1.6193 – 1.6567

The AUD remains in a flat trading range on this cross. Now at 0.6071 moves on this cross have been balanced by the risk aversion of the AUD with weaker UK data for the GBP. It should hold current level but this week’s UK data could see move up moves for the AUD. We look for 0.6100 to be tested.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6070 0.6060 0.6150 0.6036 – 0.6099
GBP/AUD 1.6474 1.6611 1.6502 1.6396 – 1.6567

The Australian dollar has been fairly flat vs the UK Pound as weaker UK data has been balance by the risk-aversion for the AUD. It is now at 0.6064 and should hold around this level for the next few days. AUD still favoured on this cross, look for 0.6134 over the next week or so.
The current interbank midrate is:    AUDGBP 0.6044    GBPAUD 1.6546

The interbank range this week has been:    AUDGBP 0.6042 – 0.6099    GBPAUD 1.6396 – 1.6551

The AUD is marginally higher against the UK Pound at 0.6069 and although the AUD has been weaker over the last few days we are of still the view that long AUD is the way to go on this cross. We continue to look for 0.6134 later in the week.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6066 0.6060 0.6150 0.5977 – 0.6089
GBP/AUD 1.6486 1.6260 1.6502 1.6423 – 1.6731

The Australian dollar remains range bound against the UK Pound. It is currently sitting at 0.6060, but last night’s BoE statement now gives more weight to the AUD in this cross. We therefore look for a test of the 0.6134 level next week and for those looking to convert AUD to GBP a little patience may pay dividends.
The current interbank midrate is:    AUDGBP 0.6054    GBPAUD 1.6519

The interbank range this week has been:    AUDGBP 0.5977 – 0.6107    GBPAUD 1.6374 – 1.6731

There has been no overall direction for this pair over the past week. That’s not to say we haven’t seen some volatility, we certainly have, but ultimately prices have ended up close to where they started the week. With both the Australian dollar and the UK Pound seeing periods of strength, the cross rate has whipped around between 0.6051 and 0.6134 (1.6526 and 1.6302). We expect more of the same sideways price action as we head into next week.
The current interbank midrate is:    AUDGBP 0.6098    GBPAUD 1.6398

The interbank range this week has been:    AUDGBP 0.6052 – 0.6136    GBPAUD 1.6298 – 1.6524

The Australian dollar made fresh cycle highs against the UK Pound last week, trading to 0.6146 (low at 1.6271). Brexit concerns and soft UK inflation data have weighed on the GBP which struggled throughout much of the week. Over the past couple of days we’ve seen the pair consolidate around the 0.6075 (1.6461) level as the market awaits further direction. That direction may came from tomorrow’s release of Australian inflation data. A strong inflation result may well see the recent highs tested again, while a soft outcome could spark a significant correction lower. Immediate support comes in around 0.6060 (resistance 1.6502) and any break below there would be a signal further declines are likely.

Current Level Support Resistance Last week’s range
AUD/GBP 0.6083 0.6060 0.6150 0.5963 – 0.6146
GBP/AUD 1.6440 1.6260 1.6502 1.6271 – 1.6770

The Australian dollar has outperformed most other currencies this week and UK Pound is no exception. We have seen consistent gains with the pair trading to fresh cycle highs last night at 0.6147 (lows at 1.6267). The AUD has benefited from gains in iron ore and gold prices, along with solid employment data. The GBP on the other hand has been hobbled by Brexit concerns and soft inflation numbers. Even last night’s better than forecast UK retail sales number couldn’t do much to turn the tide for the AUDGBP. Major resistance isn’t seen until around 0.6280, so that leaves plenty of room for the pair to continue this strong rally.
The current interbank midrate is:    AUDGBP 0.6129    GBPAUD 1.6315

The interbank range this week has been:    AUDGBP 0.5961 – 0.6146    GBPAUD 1.6271 – 1.6776

The Australian dollar has maintained a positive bias against the UK pound over the past week, supported by positive data and strong gold prices. That being said, the pair has failed on two occasions to hold onto gains over the 0.6000 level and that leaves the door open for a correction lower. We just need a trigger. Today’s RBA minutes may well provide just that. Later in the week we also have Australian employment data to digest. If the pair does have another crack above 0.6000, there is resistance at 0.6020 which marks the cycle high made back on 20th June.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5965 0.5925 0.6020 0.5889 – 0.6014
GBP/AUD 1.6765 1.6611 1.6878 1.6628 – 1.6981

The Australian dollar has completely outperformed the UK Pound this week trading to a 0.5991 high last night. Broad based AUD strength has been a key driver, while the GBP itself is struggling for direction. The pair now finds itself not too far from resistance around 0.6025. A break above there would be a bullish signal. I expect the pair will however struggle if it approaches that level over the coming days.
The current interbank midrate is:    AUDGBP 0.5972    GBPAUD 1.6744

The interbank range this week has been:    AUDGBP 0.5841 – 0.5991    GBPAUD 1.6692 – 1.7121

After declining against the UK Pound for much of last week, the Australian dollar bounced off support around 0.5850 on Friday. Some disappointing UK data last week no doubt helped turn the pair around as it’s acted to counter the current Bank of England tightening bias. Initial resistance comes in around 0.5935 and that levels is likely to be tested this week.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5904 0.5850 0.5935 0.5841 – 0.5932
GBP/AUD 1.6937 1.6850 1.7094 1.6858 – 1.7121

The Australian dollar has drifted lower against the UK Pound over the week from 0.5924 to 0.5850. Interest rate moves are still the driver and to this regard a more hawkish BoE will hold sway.
The current interbank midrate is:    AUDGBP 0.5846    GBPAUD 1.7105

The interbank range this week has been:    AUDGBP 0.5841 – 0.5932    GBPAUD 1.6858 – 1.7121

Opens the week with the AUD marginally higher at 0.5931, still trading sideways but today’s RBA may change this , if not GBP interest rate moves will prevail. We favour a move towards the AUD support levels.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5910 0.5900 0.6020 0.5869 – 0.5985
GBP/AUD 1.6920 1.6611 1.6949 1.6708 – 1.7040

The Australian dollar is no trading around 0.5915 vs the UK Pound, up from a low of 0.5868 earlier in the week. Still no clear direction on this cross, but would favour the AUD given the slowly emerging better fundamentals.
The current interbank midrate is:    AUDGBP 0.5911    GBPAUD 1.6919

The interbank range this week has been:    AUDGBP 0.5869 – 0.5985    GBPAUD 1.6708 – 1.7040

Sideways movement on this cross with the Australian dollar now around 0.5970 vs the UK Pound. A move to 0.6020 looks possible over the week.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5967 0.5975 0.6050 0.5934 – 0.6018
GBP/AUD 1.6759 1.6529 1.6736 1.6616 – 1.6852

The Australian dollar continues to hold firm against the UK Pound. It’s now at 0.5960 and given the uncertain UK political scene upside potential for the AUD remains. Look for a test of immediate resistance at 0.6000 later in the week.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5959 0.5950 0.6050 0.5904 – 0.5993
GBP/AUD 1.6781 1.6529 1.6807 1.6685 – 1.6936

AUD continues to strengthen on this cross, now at 0.5948 after the BoE split rate decision, back from 0.5995 highs earlier in the week….we favour the AUD on this cross given ongoing UK political and Brexit issues …another push to 0.5995 looks likely next week.
The current interbank midrate is:    AUDGBP 0.5642    GBPAUD 1.7724

The interbank range this week has been:    AUDGBP 0.5897 – 0.5993    GBPAUD 1.6685 – 1.6958

After the horror UK election this cross is now at 0.5976 as the UK Pound weakens and the Australian dollar looks poised to push further towards 0.6050. UK politics will outweigh Aussie economic data in the short term.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5973 0.5900 0.6050 0.5775 – 0.5977
GBP/AUD 1.6743 1.6529 1.6950 1.6731 – 1.7317

The AUD has held well on this cross , now at 0.5821 but UK election tonight will outweigh Aussie economic data…a Conservative win would see a GBP relief rally so in this event look for a move to around 0.5715/20..
The current interbank midrate is:    AUDGBP 0.5820    GBPAUD 1.7181

The interbank range this week has been:    AUDGBP 0.5718 – 0.5861    GBPAUD 1.7061 – 1.7489

A better couple of days for the Australian dollar on this cross as UK elections undermine the UK Pound. Now trading at 0.5777 after a high of 0.5816 yesterday. Poor Aussie data has knocked the AUD and we look for sideways trading ahead of the UK election on Thursday. AUD fundamentals remain poor.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5777 0.5715 0.5825 0.5718 – 0.5833
GBP/AUD 1.7309 1.7167 1.7497 1.7145 – 1.7489

The Australian dollar has weakened against the UK Pound and is now around 0.5735, but should the UK polls continue to be bad for the Conservatives, look for another attempt on 0.5825 next week. RBA statement Tuesday has potential to move the market.
The current interbank midrate is:    AUDGBP 0.5736    GBPAUD 1.7434

The interbank range this week has been:    AUDGBP 0.5718 – 0.5833    GBPAUD 1.7145 – 1.7489

We have seen flat trading for the Australian dollar against the UK Pound over the last few days, currently at 0.5793. It is still hanging below key resistance at 0.5825, although if the UK election continues to show the Government lead reducing the AUD may stage a comeback.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5792 0.5715 0.5825 0.5737 – 0.5824
GBP/AUD 1.7267 1.7167 1.7497 1.7169 – 1.7431

The Australian dollar has made mild gains against the UK Pound this week, but there’s a real lack of momentum and twice in the past couple of days attempts to strengthen further have been quickly reversed. Key resistance around 0.5825 (1.7167) has yet to be tested and if the market does eventually attack that level it’s unlikely to struggle to overcome it. Those looking to purchase GBP’s should take advantage of any further strength from the current level. Downside support now come in around 0.5715 (1.7498) and any break below there would be a negative signal.
The current interbank midrate is:    AUDGBP 0.5765    GBPAUD 1.7345

The interbank range this week has been:    AUDGBP 0.5713 – 0.5794    GBPAUD 1.7259 – 1.7504

The Australian dollar continues in the 0.5690-0.5770 range vs the UK Pound, although currently just outside at 0.5773. We still look for a stronger GBP on this cross, but any delay in the UK election over the Manchester bombing could see the AUD move to the 0.5800 level and beyond.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5767 0.5620 0.5800 0.5690 – 0.5772
GBP/AUD 1.7342 1.7241 1.7793 1.7324 – 1.7573

The Australian dollar has ranged between 0.5690-0.5770 GBP all week. It’s now at 0.5727 and the better data flows from the UK continue to pressure the AUD. Look for a retest of 0.5700/0.5690 next week, a break of which would expose 0.5618/20.
The current interbank midrate is:    AUDGBP 0.5732    GBPAUD 1.7446

The interbank range this week has been:    AUDGBP 0.5690 – 0.5767    GBPAUD 1.7341 – 1.7573

The Australian dollar tarts the week around 0.5742 vs the UK Pound and looks to be trying to test 0.5800 in the short term. Weaker Aussie data compared to better UK data will keep pressure on the AUD in this cross and that should mean resistance around 0.5800 will cap any near term strength.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5736 0.5620 0.5800 0.5666 – 0.5764
GBP/AUD 1.7435 1.7241 1.7793 1.7349 – 1.7650

Currently around 0.5728 on this cross, the Australian dollar is firmer vs the UK Pound after the BoE dovish report. It could push to the 0.5736 level to end the week but overall this cross looks to continue trading with a strengthening GBP trend.
The current interbank midrate is:    AUDGBP 0.5722    GBPAUD 1.7476

The interbank range this week has been:    AUDGBP 0.5666 – 0.5735    GBPAUD 1.7438 – 1.7650

The UK Pound continues to dominate on this cross.  The Australian dollar has weakened from 0.5832 last Wednesday now back to 0.5681. The next major support level is 05620 last seen in Sept 2016. UK fundamentals still GBP supportive and that keep the focus on the downside.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5677 0.5620 0.5850 0.5681 – 0.5858
GBP/AUD 1.7614 1.7094 1.7793 1.7071 – 1.7603

The Australian dollar has been on the downward slide on this cross for most of the week. Soft commodity prices and weak Chinese data have both weighed. It’s now at 0.5725 after a start on Monday around 0.5847. We suspect it will continue to weaken as UK fundamentals continue to improve.
The current interbank midrate is:    AUDGBP 0.5716    GBPAUD 1.7494

The interbank range this week has been:    AUDGBP 0.5720 – 0.5858    GBPAUD 1.7071 – 1.7484

Choppy trading for the Australian dollar vs the UK Pound but in a relatively confined 0.5760-0.5923 range for the week. Now back around 0.5842 and should within 40 points either side of this level for the next day or so ahead of Friday’s US data. The GBP is favoured on this cross.

Current Level Support Resistance Last week’s range
AUD/GBP 0.5846 0.5760 0.5950 0.5759 – 0.5914
GBP/AUD 1.7106 1.6807 1.7361 1.6910 – 1.7364