AUD to GBP jumps to 21-month highs as the sell-off in British pound continues amid the rising no-deal Brexit and weaker than expected economic data.
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
AUD to GBP retreat today from two-month highs as the pressure to British pound ease after the strong rebound in risky assets yesterday.
The GBP to AUD pair has turned lower today and risks testing the support of the recent trading range. Today’s release from the U.K. saw construction PMIs come in lower at 54.6 versus expectations for 58.5. The data suggests that the construction sector is not expanding as quickly as hoped. […]
The GBPAUD was higher after Australian GDP came in worse than expected, confirming the first recession down under for 30 years. The market had been expecting a reading of -5.2%, but the actual number was -6.3%. The latest release was the worst number since records began in 1959, but the […]
The GBP to AUD exchange rate has seen a recent rally fizzle out and prices could head lower from here. A rally in the pound started against the Aussie on July 22nd at 1.7695 and has seen a double top capping gains at 1.8410. The UK economy is currently a […]
AUD to GBP rebound today after mixed unemployment data from the UK. June ILO unemployment rate improved to 3.9% beating analyst’s expectations of 4.2%.
AUD to GBP slide to three-week lows as the pair continues lower for the fifth straight session. The Australian dollar is under selling pressure the last two weeks as the rising number in new coronavirus cases
AUD to GBP jumps to the highest level in July after the release of the RBA minutes. The central bank has a cautious but optimistic outlook while it noted that the global economy is improving
The AUD to GBP (AUDGBP) pair is slightly higher today as traders reflect on the impressive employment numbers from Australia and the UK and the positive China GDP data. The pair is trading at 0.5570, which is the highest it has been since July 7. Also, the pair has jumped […]
AUDGBP retreat today after the news that the state of Victoria is considering a four-week new lockdown amid a rising number in coronavirus cases. The cautious tone from the RBA also weighs on the Australian dollar today.