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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.


Click here for live GBP/AUD rates.

Weekly British Pound and Australian Dollar Trading Forecast

Symbol Forecast Outlook

British Pound and Australian Dollar News

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.
GBP/USD Slices Through Major Fib Level, EUR/USD Triangle Persists
The USDOLLAR Index is pressing its yearly highs, even though EURUSD and GBPUSD are diverging as it happens.
EUR/USD Nears Symmetrical Triangle Break, GBP/USD Eyes $1.5721
It's a light economic data day, so it's best to turn to the technicals. Indeed, the period of consolidation in the broader USDOLLAR may be nearing its end.
GBP/USD Continuation, EUR/GBP ST Triangle in Play after BoE Inflation Report
The Bank of England is rolling back its economic forecasts for 2014 and 2015, enhancing its recent pivot to less hawkish rhetoric.

Forex Economic Calendar

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Date Time Currency Event Importance Actual Forecast Previous Notes
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