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Home Guide Fundamental

Introduction The GBP/AUD Pair

Professor FX by Professor FX
May 19
in Fundamental

GBPAUD Pairs

The GBP/AUD (Great British Pound/Australian Dollar) is the relation of the Great British Pound against the Australian Dollar. The GBP/AUD cross currency gives one the possibility to convert British Pound’s directly into Australian Dollar’s (1 GBP per x AUD).

Forex Knowledge: Trading the Great British Pound/Australian Dollar

  • Typical broker spread: 4-9 pips
  • Most active trading sessions: Euro and US session / GBP & AUD economic events
  • Most active trading hours: 5:00 GMT -17:30 GMT
  • Average daily range (high-low): 171 pips
  • Trading strategies to trade GBP/AUD: Click here
  • Recommended level of trading experience: Expert
  • Value of one pip GBP/AUD: Variable

Economic Events That Move GBP/AUD

A. United Kingdom

  • Current Account
  • Trade Balance
  • Non EU Trade Balance
  • Visible Trade Balance
  • Gross Domestic Product (GDP)
  • NIESR GDP Estimate
  • Consumer Price Index (CPI)
  • BOE Rate Decision
  • Bank of England Meeting Minutes

B. AUSTRALIA

  • Trade Balance
  • Current Account
  • Exports
  • Gross Domestic Product (GDP)
  • Consumer Price Index (CPI)
  • Retail Trade
  • RBA Rate Decision
  • RBA Governor Speaks
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