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GBP vs AUD GBP vs AUD
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Old 04-24-2007, 01:33 AM
 

Join Date: Apr 2007
Posts: 1
Default GBP vs AUD
Hi

I need to convert some GBP to AUD at some point over the next 12 months but I’m having difficulty forecasting how this currency pair will perform. I usually look at the relative difference in interest rates as my main guide but both UK rates & Australian rates are forecasted to rise over the next 12 months. This would indicate that the exchange rate for this pair will not change much but I’m not sure whether this will be the case. Any advice would be greatly appreciated.
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