GBP/AUD Weekly Forecast: Pound Price Undermined vs Aussie by UK Political Tensions

  • Looking ahead, the primary catalyst of movement for the Pound Australian Dollar exchange rate this week will likely be the publication of the Reserve Bank of Australia (RBA)'s latest interest rate decision. Expected on Tuesday, the Australian central bank is forecast to cut rates by 25-basis points, from 3.85% to 3.60%.