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


3 Sterling (GBP) Pairs Traders Should Watch as Brexit Talks Continue

Sterling sentiment has taken another positive shift as Brexit deal negotiations evolve and traders should monitor these three GBP-pairs closely.
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GBPAUD: Long Bias on Minor Retrace


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Analyst Picks

Nick Cawley

Nick Cawley Analyst

My Picks: GBPAUD - Long Bias on Minor Retrace
Expertise: Fundamental and Technical Analysis
Average Time Frame of Trades: One week to One month

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