The AUD to GBP (AUDGBP) pair continued the upward trend started on April 2 as the market continued to favour the Aussie than the sterling. The pair is up by more than 15% since April, making it the best bull run for the aussie in modern times.
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.
GBPAUD Live Chart
GBPAUD Latest News
AUDGBP: AUD to GBP jumps as China trade bounces back in April
AUD to GBP Exchange Rate Eyes Potential Drop; GBPAUD Forms Inverse Head and Shoulders
The AUD to GBP exchange rate seems poised to go higher from its current levels at 0.4905. This assumption is based on the technical setup of GBPAUD which is the forex symbol most spot forex brokers provide. GBPAUD Outlook On the 1-hour time frame, it can be seen that GBPAUD [...]
AUDGBP: AUD To GBP Rises As Aussie Receives Stream Of Good News
The AUD to GBP pair rose today on positive signs that the Australian economy could recover. This is after China, which has a close relationship with Australia released positive March economic data. According to China Logistics Information Center, the country’s manufacturing PMI bounced back to 52.0 from a record low [...]
AUD to GBP Weaker Despite Negative UK Retail Sales; News of UK Relief Package
The AUD to GBP exchange rate is trading the red despite negative data from the UK. As of this writing, it is down by 0.37% at 0.4995. This means that GBPAUD, which is its inverse and the symbol you will find on most spot FX platforms, is trading higher. As [...]
AUD To GBP At 3-Week High As Australia Manufacturing PMI Improves
The AUD to GBP pair rose to a three-week high on mixed economic data from Markit and Commonwealth Bank. The flash manufacturing PMI data for March improved from 49.8 to 50.1. In the report, the researchers found that while manufacturing production dropped to a record low in March, some manufacturers...
Market Brief: BOE Cuts Rates by 50 Basis Points; Nikkei 225, Asian Stocks Lower on Risk Aversion
BOE Follows the Fed and Cuts Rates by 50 Basis Points The biggest news in this Asian market session was the emergency rate cut announced by the Bank of England (BOE). According to its announcement, the official cash rate will be lowered by 50 basis points from 0.75% to 0.25%....
GBPAUD Retreat From Morning Flash Crash, Bulls In Control
GBPAUD retreat midday after a sharp opening that drove the price up to four year highs. Bulls rejected at 2.0764, while as of writing the pair is 1.03% higher at 1.9822. Australian dollar is under selling pressure since the coronavirus outbreak as the Aussie ecoomy has a significant exposure to [...]
AUD to GBP Exchange Rate Rises on RBA Rate Cut; GBPAUD Tests Trendline Support
The AUD to GBP exchange rate rose in today’s Asian session following the RBA’s much-anticipated rate cut. It tapped an intraday high of 0.5132 after the central bank announced a 25 basis point-rate cut. Meanwhile, GBPAUD fell to a low of 1.9458 as the RBA said that it eased rates [...]
AUD to GBP at 10-Day Lows on Weak Aussie Consumer Confidence Data
AUD to GBP is under selling pressure for third consecutive trading session as the pair is driven by the fundamental data coming out of Australia and UK. Australia’s Westpac Consumer Confidence data for January, came in at -1.8% to 93.4 in January from 95.1 below the expectations of a drop [...]
Q2 Global Market Outlook
Published: April 1, 2020 | Authors: Alejandro Zambrano, Martin Lam, and Cameron Bowen.
GLOBAL MARKET OUTLOOK Q2, 2020
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