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.


USDOLLAR Breakout Looks Hollow without EUR/USD Participation

Keep an eye on the USDOLLAR Index's daily candle close today.
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EUR/GBP Trying to Bottom as BOE Keeps Policy on Hold

GBP/AUD Bearish Breakout.

Webinar: GBP UK Consumer Price Index (NOV) with Christopher Vecchio

Why The Australian Dollar Is Beating the GBP and Euro

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Walker England   

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

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