Aussie inflation is too hot to allow for further rate cuts at the Reserve Bank of Australia (RBA).
The pound is looking well supported against the Australian dollar here, but there are reasons to be cautious about betting on significant strength.
The Australian dollar is poised for a bullish run if domestic interest rates rise next year.
The pound to Australian dollar exchange rate (GBP/AUD) can descend over the course of the coming week.
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Horizon Currency doesn't take custody of your funds. We execute your payments through FCA-registered companies, which hold your funds in segregated tier-1 bank accounts. These firms are:
1) Equals Connect Limited, registered in England and Wales (registered no. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Equals Connect Limited is authorised by the Financial Conduct Authority to provide payment services (FRN: 671508).
2) Sciopay Limited, registered in England and Wales (registered no. 12352935). Registered Office: WeWork, WW Moor Place Limited, 1 Fore Street Avenue, London, EC2Y 9DTE. Sciopay Ltd is registered with the Financial Conduct Authority (927951).