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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

GBPAUD Weekly Opening Range Setup- Long Scalps at Risk Sub-1.92
The rally is now approaching the 2014 highs with our long scalp bias at risk below key resistance. Here are the updated targets & invalidation levels.
GBPAUD Pulling Back Towards Support
GBPAUD offering a potential long entry.
GBPAUD Holding Channel Support
GBPAUD holding channel support.
GBPAUD Exhaustion Trade- Longs at Risk Sub 1.9000
The rally has extended into near-term technical resistance with our long-bias now vulnerable below the weekly high. Here are the updated targets & invalidation levels.
GBP/USD in at Session Highs as Autumn Statement Strikes Optimistc Tone
Improved economic forecasts out of the UK have helped lift GBPUSD back towards $1.5700.

Forex Economic Calendar

Current Time:

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Date Time Currency Event Importance Actual Forecast Previous Notes
Tue
Jan 27
09:30
LIVE
GBP Gross Domestic Product (YoY) (4Q A) 2.7% 2.8% 2.6%
Wed
Jan 28
00:30
AUD Consumer Prices Index (YoY) (4Q) 1.7% 1.8% 2.3%