UK Trade, GDP growth and Industrial and Manufacturing Production numbers will all be released in the coming week. These have all shown recent signs of improvement in previous weeks. If the stronger economic performance continues expect an improvement in short-term confidence, which may add some support to the GBP.
The current interbank midrate is: AUDGBP .5115 GBPAUD 1.9550
The interbank range this week has been: AUDGBP .5110 – .5165 GBPAUD 1.9344 – 1.9595