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 Bogged Down By Brexit and Fears of Economic Weakness

The British Pound closed out the week dropping for a sixth day versus the Euro, its worse run since August, and had a second straight week of declines against the Greenback. This coming week, the BOE is unlikely to back away from its ultra-accommodative policy stance.
Continue Reading


Brexit Bill’s Progress Crucial for GBP/USD Outlook


Webinar: Live Event Coverage: UK GDP (4Q) w/ Senior Currency Strategist Christopher Vecchio


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


British Pound Swoons on Hard Brexit Fears


Real Time News


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


Forex Economic Calendar

A: Actual   F: Forecast    P: Previous