The appointment of new PM Malcolm Turnbull has brought the AUD some much needed strength. I can’t see GBP/AUD breaking 2.20 over the coming weeks. AUD buyers looking to hang on for 2.20 may well need to re-evaluate their strategy.
If I was purchasing AUD I would be looking to move at anything above 2.18.
I do have several large GBP-AUD trades going through in the coming days that potentially I could tag new clients on to and achieve a very competitive rate. Please do get in touch if this is something of interest.
I am currently offering a free rate alert service, just drop a line or e-mail with your currency requirements including your time scale and the levels you are hoping to obtain and I will notify you of any significant movement.
Thank you for reading today’s Blog, I would greatly appreciate any feedback you have and would take pleasure in replying personally. I am more than than happy to assist you with any of your currency requirements. Feel free to e-mail me on [email protected] or call on 01494 787 478 and ask for Daniel Johnson.