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GBP/AUD

This pair denotes how many Australian Dollars are needed to purchase one British Pound. Often, the Australian Dollar is referred to as a risk currency due to its relatively higher interest rates and correlation to global equity markets. The British Pound depreciated relative to the Australian Dollar after 2008 and only began making a significant rebound in 2013 in light of declining growth in China and a slowdown in the global commodity supercycle, which has hurt Australia's largest sector, mining.

GBP/AUD Rate

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Weekly British Pound and Australian Dollar Trading Forecast

Symbol Forecast Outlook

British Pound and Australian Dollar News

GBP-crosses Given Green Light on Impressive UK Labor, Wage Data
Today's data releases confirm our inclination after yesterday's CPI report: the UK economy is in much better shape than markets are pricing.
GBP/USD’s February Uptrend Holding Even After Weak CPI - Here’s Why
A look beyond the headline data shows that price pressures are actually building in the UK economy.
GBPAUD - Trading At Dual Channel Resistance
GBPAUD at confluence of channel lines.
BoE’s Hawkish Quarterly Inflation Report Ignites GBP-crosses
Optimism about domestic conditions in the UK have spurred the British Pound to fresh weekly, monthly, and in some cases, multi-year highs.
EUR/USD Coils in 100-pip Range; GBP-crosses Breakout Before BoE
Traders are waiting on news out of the Eurogroup's meeting on Greece before choosing a direction in EURUSD.

Forex Economic Calendar

Current Time:

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Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Mar 3
03:30
AUD Reserve Bank of Australia Rate Decision (MAR 3) 2.25% 2.00% 2.25%
Wed
Mar 4
00:30
AUD Gross Domestic Product (YoY) (4Q) 2.5% 2.5% 2.7%
Thu
Mar 5
12:00
GBP BOE Asset Purchase Target (MAR) 375B 375B
12:00
GBP Bank of England Rate Decision (MAR 5) 0.50% 0.50%
Fri
Mar 6
09:30
GBP BoE/GfK Inflation Next 12 Mths (FEB) 2.5%