FX_IDC: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.


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Will That Which Hurts the British Pound Always Lift UK Stocks?

London’s elite stocks have risen almost as sharply as the British Pound has fallen. But as deep Brexit clouds glower once again over the currency, can this odd nexus endure?
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British Pound Swoons on Hard Brexit Fears


GBP/USD Traders’ Preferred Vehicle on High Risk BoE Decision


GBP/AUD at Risk for Key Reversal Above 1.6977


GBP/AUD Pending Breakout


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Analyst Picks

Walker England   

Forex Trading Instructor

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

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