For the first time in years we have seen GBP>AUD reach over $2.00. This means you are doubling your money when converting British pounds into Australian dollars.
In these uncertain times, all financial markets are susceptible to wild swings, so why not consider setting up an automated trade with our trusted partners Halo Financial? An automated trade means that once the market hits your specified rate; your order will automatically be placed.
Halo Financial suggest that the Pound-to-Australian Dollar exchange rate is very attractive right now, with orders at 2.05 on Monday this week.
Alastair Sweetman, a Senior Currency Consultant at Halo Financial, provided the following technical analysis: “It has been one-way traffic lately for GBP-AUD, with sterling making steady gains during the first three months of the year. The high in typical mid-market rates came on 19 March, as the Pound briefly hit 2.078, as the Reserve Bank of Australia (RBA) cut interest rates and agreed to start significant quantitative easing.”
You can read the full GBP-AUD Quarter 2 forecast and economic analysis 2020 at Halo Financial’s website.
You can get a quick personalised quote by visiting http://www.halofinancial.com/lp?p=VisaGo
Alternatively, you can contact Michael Hart on +44 (0) 20 7350 5474 or email@example.com