GBPAUD was higher on Tuesday despite the U.K. currency facing a multitude of risks. Traders are likely pricing in the good news for the Aussie after a recent rally and are now positioning for a potential Brexit trade deal. The Pound has managed to shake off yesterday’s drama, which saw […]
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).
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.
GBPAUD Live Chart
GBPAUD Latest News
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.
GBPAUD was trading 0.70% lower on Tuesday as risk assets rallied across the board on U.S. election talk. President Trump has instructed the GSA to work alongside Democrats on the transition to a new leader, but he insisted this does not affect his legal efforts. The market saw it as […]
GBPAUD was flat on Thursday despite a strong beat in employment figures from the Australian economy. The pair was trading 0.05% lower at the 1.8140 level.
GBPAUD has moved lower in the last two sessions after sterling had rallied from the 1.8000 level. The pair is trading within a well-defined range and a breakout could see a move of 300 pips in either the Aussie or Sterling's favour.
GBPAUD was higher by 0.20% on the day despite the Bank of England committing to a £150bn QE extension and warning of a gloomy outlook for the economy.
The GBP to AUD (GBPAUD) pair pared back earlier losses as traders reflected on the Reserve Bank of Australia (RBA) interest rate decision. It is trading at 1.8357, which is slightly higher than the intraday low of 1.8296. The RBA started its monetary policy meeting yesterday and delivered its rate...
GBPAUD was trading lower by 0.21% on Monday as the U.K. Prime Minister announced a month-long lockdown for England. Tomorrow sees the Reserve Bank of Australia (RBA) releasing its latest interest rate and monetary policy guidance which could see volatility.