{"id":82580,"date":"2019-11-25T03:29:34","date_gmt":"2019-11-25T08:29:34","guid":{"rendered":"https:\/\/currencylive.com\/?p=82580"},"modified":"2019-11-25T03:19:49","modified_gmt":"2019-11-25T08:19:49","slug":"101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\/","title":{"rendered":"GBP\/AUD: Pair Attempts New Rally on Johnson\u2019s Election Manifesto"},"content":{"rendered":"<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/wise.com\/?utm_source=currencylive-com&utm_medium=affiliate&utm_content=news%2Fwp_json%2Fwp%2Fv2%2Fposts%2F82580&utm_campaign=news\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-65277\" style=\"padding-top: 5px;\" src=\"https:\/\/currencylive.com\/wp-content\/uploads\/2019\/11\/transferwise-inline-banner-money-transfer.jpg\" alt=\"\" width=\"670\" height=\"125\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<ul>\n<li><span style=\"font-weight: 400;\">One British pound buys 1.8913, up 0.05% as of 5:46 AM UTC.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Boris Johnson made new promises which increased hopes to get Brexit done<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Labour Party pledged to raise taxes on the wealthy and corporations to support the state<\/span><\/li>\n<li><span style=\"font-weight: 400;\">US bank Goldman Sachs anticipates a GBP rally next year<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/aud-to-gbp-exchange-rate-today\/\">GBP\/AUD<\/a> is slightly up in early trading on Monday. Though, the faint bullish attempt comes after a 0.65% decline on Friday driven by disappointing UK PMI data. Currently, one British pound buys 1.8913, up 0.05% as of 5:46 AM UTC.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Yesterday, UK Prime Minister Boris Johnson made new promises. This increased hopes that his Conservative Party will get Brexit done and will end the uncertainty. He vowed to bring his Brexit deal back to the Parliament before Christmas.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Conservatives presented their election manifesto, a 59-page document that promises to handle Brexit by the current deadline, no new taxes, and more public sector spending. On the other side, the opposition Labour Party pledged to raise taxes on the wealthy and corporations to support the state.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The opinion polls show that Johnson has the best chances to win the election. Johnson has sought an early election for months, as he hoped to consolidate the position of his party and break the Brexit deadlock. Some suggested that the move might turn out a disaster for the Tories, but the current opinion polls show otherwise.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Speaking to the public in Telford, Johnson <\/span><a href=\"https:\/\/www.reuters.com\/article\/us-britain-election-johnson-brexit\/uk-pm-johnson-to-get-brexit-done-and-unleash-tidal-wave-of-investment-idUSKBN1XY0EJ\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">\u201cGet Brexit done and we shall see a pent up tidal wave of investment into this country. Get Brexit done and we can focus our hearts and our minds on the priorities of the British people.\u201d<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">The Prime Minister pledged no further delay to Brexit, saying that he wouldn\u2019t extend the implementation period beyond December 2020.<\/span><\/p>\n<h2>Goldman Sachs Bullish on GBP<\/h2>\n<p><span style=\"font-weight: 400;\">US bank Goldman Sachs anticipates a GBP rally next year. The bank analysts are confident that the next month\u2019s election will open the door to resolving Brexit. In fact, Goldman voiced similar predictions that had been presented earlier by Morgan Stanley and Bank of America Merrill Lynch. In a note to investors titled \u2018Best Trade Ideas Across Assets,\u2019 Goldman strategists Zach Pandl and George Cole <\/span><a href=\"https:\/\/news.yahoo.com\/goldman-sachs-says-british-pound-120122623.html\"><span style=\"font-weight: 400;\">said<\/span><\/a><span style=\"font-weight: 400;\">:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201c<\/span><i><span style=\"font-weight: 400;\">Our economists think a victory for the Conservative Party in next month\u2019s election would likely result in a fairly swift resolution of the Brexit process, as well as more expansionary fiscal policy.\u201d<\/span><\/i><\/p>\n<table>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/wise.com\/?utm_source=currencylive-com&utm_medium=affiliate&utm_content=news%2Fwp_json%2Fwp%2Fv2%2Fposts%2F82580&utm_campaign=news\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-65277\" style=\"padding-top: 5px;\" src=\"https:\/\/currencylive.com\/wp-content\/uploads\/2019\/11\/transferwise-inline-banner-money-transfer.jpg\" alt=\"\" width=\"670\" height=\"125\" \/><\/a><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<hr \/>\n<h6><em>Currencylive.com<\/em><em> is a news site only and not a currency trading platform.<\/em><\/h6>\n<h6><em>Currencylive.com is a site operated by TransferWise Inc. (&#8220;We&#8221;, &#8220;Us&#8221;), a Delaware Corporation. We do not guarantee that the website will operate in an uninterrupted or error-free manner or is free of viruses or other harmful components. The content on our site is provided for general information only and is not intended as an exhaustive treatment of its subject. We expressly disclaim any contractual or fiduciary relationship with you on the basis of the content of our site, any you may not rely thereon for any purpose. You should consult with qualified professionals or specialists before taking, or refraining from, any action on the basis of the content on our site. Although we make reasonable efforts to update the information on our site, we make no representations, warranties or guarantees, whether express or implied, that the content on our site is accurate, complete or up to date, and DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. Some of the content posted on this site has been commissioned by Us, but is the work of independent contractors. These contractors are not employees, workers, agents or partners of TransferWise and they do not hold themselves out as one. The information and content posted by these independent contractors have not been verified or approved by Us. The views expressed by these independent contractors on currencylive.com do not represent our views.<\/em><\/h6>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; One British pound buys 1.8913, up 0.05% as of 5:46 AM UTC. Boris Johnson made new promises which increased hopes to get Brexit done Labour Party pledged to raise taxes on the wealthy and corporations to support the state US bank Goldman Sachs anticipates a GBP rally next year GBP\/AUD is slightly up in [&hellip;]<\/p>\n","protected":false},"author":163946598,"featured_media":3761,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1547,1379],"tags":[1541,1386,1657,1860],"class_list":{"0":"post-82580","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aud","8":"category-gbp","9":"tag-australian-dollar","10":"tag-brexit","11":"tag-british-pound","12":"tag-gbp-aud"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/AUD: Pair Attempts New Rally on Johnson\u2019s Election Manifesto - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ileana Ionescu\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\\\/\"},\"author\":{\"name\":\"Ileana Ionescu\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/3d5cb0a6a22d357fc0b9ad562f35e75b\"},\"headline\":\"GBP\\\/AUD: Pair Attempts New Rally on Johnson\u2019s Election Manifesto\",\"datePublished\":\"2019-11-25T08:29:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\\\/\"},\"wordCount\":652,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100124-gbp-aud-lose-4-percent-unstable.jpg\",\"keywords\":[\"australian dollar\",\"Brexit\",\"british pound\",\"gbp\\\/aud\"],\"articleSection\":[\"AUD\",\"GBP\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/101580-gbp-aud-pair-attempts-new-rally-on-johnsons-election-manifesto\\\/\",\"name\":\"GBP\\\/AUD: Pair Attempts New Rally on Johnson\u2019s Election Manifesto - 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