Will the AUDGBP rate fall by the end of 2019?
Potentially. This year the AUD GBP exchange rate is influenced by the looming exit of Britain from the Eurozone (or Brexit). In fact, the Pound Sterling (GBP) has been on a roller coaster ride ever since “Brexit” was voted for and announced in June 2016. The GBP saw massive falls in 2016, only to gradually rise in 2017 and 2018. The Aussie dollar is also falling this year, but not as drastically as the British Pound. With both the AUD and GBP dropping, the AUDGBP exchange rate has wobbled anywhere between 0.5300 and 0.5800 since the beginning of the year. […]
