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 Data and Charts are delayed at least 20 minutes.Click here for live GBP/AUD rates.
Weekly British Pound and Australian Dollar Trading Forecast
|GBP to Target 1.6850-60 on Hawkish Bank of England (BoE) Testimony||bullish|
|Forex: Australian Dollar Facing Conflicting Domestic, External Forces||neutral|
British Pound and Australian Dollar News
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