The GBP/AUD is trading higher on the day as risk aversion seizes the markets this Tuesday. However, the pair has...
GBPAUD
In this section, you will learn more about the GBPAUD pair, but also be able to read our latest news and technical analysis for the currency pair. You will also find a live chart.
Investors use fundamental and technical tools for their GBPAUD analysis. The GBPAUD outlook in the next months will be affected by the health of the British and Australian economy and the relationship between the UK and Eurozone after the Brexit.
What is GBPAUD?
GBPAUD is the forex pair that tells investors how many Australian Dollars (the Aussie) are needed to buy a British Pound (GBP).
Related currencies: GBPCAD – GBPCHF – GBPINR – GBPJPY – GBPUSD.
According to the Bank for International Settlements, the British Pound (GBP) is one of the most traded currencies in the world, followed by the Australian Dollar (AUD). The main factors affecting the GBPAUD rate are the monetary policies of the two central banks, the Bank of England and the Reserve Bank of Australia. GBPAUD news also affects the pair. In the previous months, headlines around the Brexit developments were the main factor that drove the GBPAUD price.
After trading in positive territory for most of the session, the AUD to GBP rate is trading higher after incoming...
The AUD to GBP price formed a hammer pattern after the Reserve Bank of Australia (RBA) delivered the minutes of...
The GBP/AUD pair has been in a consolidation phase since April 2022, with the price trading between 1.71928 and 1.78134....
The AUD to GBP rate continues on its upside trajectory, registering the 8th day of gains in nine as the...
On an Australia day which saw the Australian CPI figure climb from 0.7% to 1.3% (1.0% estimate), translating to an...
GBPAUD was higher on Tuesday despite the U.K. currency facing a multitude of risks. Traders are likely pricing in the...
GBPAUD was pointing lower for a second day as the pair's rally on hopes of a Brexit deal starts to fade once more. U.K. negotiators have criticized the EU for making unreasonable demands over fishing rights in British waters.
GBPAUD was trading higher on Tuesday after the Reserve Bank of Australia signalled further economic stimulus. The pair was trading near 1.7690 but was unchanged after giving up some of the earlier gains.
GBPAUD is lower on Thursday at 1.8140 as the RBA announces their latest interest rate decision tomorrow. The central bank are unlikely to make any moves on rates and stimulus but could seek to hold a dovish tone.