What is the forecast for GBP & AUD in one year?

The GBP/AUD forecast from Trading Economics predicted that the pair could trade at 1.75112 by the end of this quarter and at 1.76988 in one year, based on its global macro model projections and analysts’ expectations.

What's going on with AUDUSD in 2023?

Don't miss our 2023 AUDUSD forecast! The Australian Dollar is facing headwinds yet again against the US Dollar, as the central bank divergence theme is back in play in early 2023.

Why is the GBP/AUD pair in a downward trend?

The GBP/AUD pair has been in a long-term downward trend since it spiked in 2008, as the Australian dollar has benefited from higher Australian interest rates and rising commodity demand from China.

What factors affect Australian dollar forecasts?

Keep these types of factors in mind when reviewing Australian dollar forecasts. Oil, gold, iron ore, uranium, nickel and coal are heavily influential on GDP, and the demand for these resources by China and India, in particular, may affect the AUD exchange rate and forecasts.