GBP/AUD Forecast: Pound Climbs vs Aussie Dollar despite Upbeat Australian Trade

  • As we move towards the end of the week, the GBP/AUD exchange rate will likely be driven by Australia's latest PPI data and retail sales index. With Q1's PPI data forecast to remain unchanged while March's retails sales index is forecast to rise, AUD exchange rates could be buoyed should the releases print as expected.