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


Brexit Referendum Timeline: When Will Districts Report Results?

Polling for the UK-EU referendum will take place between 7am-10pm BST on June 23, and official results won’t be out until 10am BST on June 24. Markets will know which way the winds are blowing well-ahead of then.
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Retail Crowd Flips Positioning in GBP/USD on Approach to Brexit Vote


Brexit Risk in Focus as BOE Holds Rates, Warns on Risks to Economy


Osborne Hints at More Austerity as ’Leave’ Outlines Path After Brexit


Trading GBP/USD and Pound Pairs Less than a Month to Brexit


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Analyst Picks

Walker England   

Forex Trading Instructor

My Picks: GBP/AUD Bearish Breakout.
Expertise: Technical
Average Time Frame of Trades: 1 Week - 1 Month

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