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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

Key Risks to EUR, NZD, GBPAUD Scalp Setups
A recap of this week’s highlighted setups and updated targets heading into next week.
4 GBP/AUD Signals That Favor the Downside
Technical factors including the possible re-test of a broken daily trend line, a developing double-top formation, and a pair of bearish momentum signals all make the case for new G...
Strategy Video: A Pound Outlook with GBPUSD at a 1.6800 Triple Top
The British pound rally finds GBPUSD starting at 4-year highs and a 1.6800 triple top...
Potential for Heavy Swings Fading Quickly
We have passed an important mark where the probability of these markets generating major technical breaks with trend potential is severely deteriorating...
Scalping the GBPAUD Recovery- 1.8050 Key Resistance
A breach above the weekly opening range has shifted our near-term bias higher heading into the close of the week. Here are the updated levels & invalidation points.

Forex Economic Calendar

Current Time:

GMT0 06:37    

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Date Time Currency Event Importance Actual Forecast Previous Notes
Wed
Apr 23
01:30
LIVE
AUD Consumer Prices Index (YoY) (1Q) 2.9% 3.2% 2.7%
08:30
GBP Bank of England Minutes