Pound to Australian Dollar Price News, Forecast: Chinese Growth Data in Focus for AUD

The article says GBP/AUD slipped as the Australian dollar strengthened on better-than-expected Australian consumer and business confidence data, plus strong Chinese trade figures that improved demand for the Aussie. GBP/AUD was around AU$1.9254, down about 0.2% on the day. The pair’s near-term direction may depend on China’s upcoming GDP release, with consensus expecting slower second-quarter growth that could weigh on AUD. Sterling remained supported against some peers on expectations of a Bank of England rate hike later in 2026, but gains were capped by Governor Andrew Bailey’s warning about conflict-related instability and weak UK growth. Overall, the setup is mildly bearish for GBP/AUD in the short term if Chinese growth disappoints, though UK rate expectations provide offsetting support.