GBPAUD chart by TradingView

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.


News


Pound Pairs Breaking Critical Levels From GBP/USD to GBP/AUD

Market conditions are currently not very conducive to carrying trends - with the exception perhaps of US equities and certain risk assets.
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Last Week’s Volatility is Settling While Euro and Pound Receive a Jolt


Webinar: FX Week Ahead: Attention Turns to Asia-Pac for RBA & RBNZ


Asymmetric Risk Ahead for British Pound as BOE Weighs Rate Hike


An Anticipated BoE Hike Will Pose Distinct Volatility Threat to Pound


Real Time News


Analyst Picks

My Picks: GBP/AUD Pending Daily Breakout
Expertise: Technicals
Average Time Frame of Trades: 1 Week - 2 Weeks


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