AUD 0.00% 1.5246 australian dollar

AUD to GBP where is it headed short term

  1. 2,421 Posts.
    Hello all,

    Just after some basic info.

    I dont really know much about currency trading. Never really got into it, however I'm currently paid in GBP.

    For years I just had my employer pay pounds or USD directly into my AUD bank account and suffered what ever the bank exchange rate gave me.

    Ive recently got a Commbank GBP account and intend to use the likes of ozforex to do the exchange for me as they are currently giving a 4 cents better exchange rate.

    So now I have 43000 pounds sitting in a pound account and it looks to me like the pound is going to continue to strengthen to the aussie dollar and RBA looks like dropping rates futher that should from my reading send the exchange rate futher in my favor.

    what are you currency experts on where the aussie is headed in relation to the pound? Im dont need the money urgently.

    Leave it in pounds or convert it now????
 
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