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.


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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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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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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Forex Economic Calendar

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