GBPAUD chart

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


British Pound Dips after Negative Turn in Brexit Headlines

Comments from key players in the Brexit negotiations have erased all of the British Pound’s gains on the day.
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Update: Close GBPAUD Long and Book Profits


GBPAUD Long: Re-priced No-Deal Brexit Risk, US-China Trade War Continues


The Case, Cues and Options for a Pound Reversal


GBP/AUD Technical Outlook: Price Testing Major Trend Support


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Analyst Picks

Justin McQueen

Justin McQueen Analyst

My Picks: Update: Close GBPAUD Long and Book Profits
Expertise: Fundamental Analysis
Average Time Frame of Trades: Today

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