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The forex market will be in the spotlight this week as investors reflect on last week’s crucial central bank and...
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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.
