Pound to Australian Dollar Price News, Forecast: Aussie Slips as Inflation Undershoots

GBP/AUD rose after softer-than-expected Australian inflation prompted profit-taking in the Australian dollar, leaving the pair trading around AU$1.885–1.891 as traders re-priced risk. Headline CPI for March came in at about 4.6%, below expectations, weighing on AUD and pushing AUD/USD lower. Sterling edged higher versus the Aussie but momentum remained fragile amid rising UK borrowing costs, with 10-year gilt yields holding above 5%. Looking ahead, the Bank of England’s upcoming decision and forward guidance are seen as the key driver for GBP/AUD, while AUD will remain sensitive to global risk sentiment and domestic data flow.