Convert GBP to AUD - British pound sterling to Australian dollar Exchange Rate | FX LeadersFX Leaders
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WHAT IMPACTS THE GBP/AUD EXCHANGE RATE
GBP/AUD is an interesting currency pair to trade in the forex market, pitting the fourth most traded currency against the fifth most traded currency in the world. The commodity currency AUD is heavily influenced by the price of key commodities exported by Australia, including coal, iron ore and even gold. On the other hand, the GBP is a more stable currency but it has seen significant volatility in recent years on account of developments surrounding Brexit.In addition, GBP/AUD's exchange rate is impacted by the release of important economic data from the UK and Australia, as well as monetary policy and interest rate decisions by the Bank of England (BOE) and the Reserve Bank of Australia (RBA). Key economic data that can drive price action in this currency pair include GDP, trade balance, inflation, employment, retail sales, manufacturing and services activity, and business confidence.In addition, GBP/AUD is also heavily influenced by developments in Europe and China. This is because Europe is the UK's major trading partner while Australia shares a strong trade relationship with China. Any events that impact the trade relationship between these regions have a direct impact on the British or Australian economy and on the Pound Sterling and Australian dollar as well.
GBP to AUD CONVERSION RATES
GBP
AUD
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AUD
GBP
<% amount / currencies.converter.rate |toFixed: 4 %> GBP
GBP to AUD CHARTS
GBP/AUD Live Chart
GBP/AUD Historical Chart
GBP to AUD EXCHANGE RATE - FAQ
What other instruments are correlated with GBP/AUD?

GBP/AUD enjoys a close, negative correlation with commodities such as iron ore, coal and gold. This means that whenever the prices of these commodities increase, GBP/AUD will turn bearish and vice versa.

What is a good time to trade GBP/AUD?

This currency pair will see maximum price action during the Pacific and European sessions, when both countries' markets open and the most amount of fundamentals related to the GBP and the AUD are released.

How volatile are GBP and AUD?

On average, the GBP/AUD forex pair sees a movement of around 160 pips.