British Pound vs Australian Dollar
GBPAUD
Pricing is indicative. Past performance is not a reliable indicator of future results. Client sentiment is provided for general information only, is historical in nature and is not intended to provide any form of trading or investment advice - it must not form the basis of your trading or investment decisions.
Trading Conditions
ATP Margin
0.002
Contract Size Currency per 1 Lot Symbol
GBP 100,000
Min/Max Trade Size (lots)
0.01 / 50
Schedule and Fees
Market Open
Monday 00:01 MT Server
Market Closed
Friday 23:58 MT Server
Trading Break
23:59 - 00:01 MT Server
3 Day Financing
Wednesday
Long & Short Position Overnight Fee
displayed on the trading platform
Upcoming Calendar Events
| August 24 | Monday | Volatility | Actual | Previous | Consensus | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21:00 |  KR | KRW | Consumer Sentiment Index | LOW | 106.8 | ||||||||
FAQ
The GBP/AUD currency pair represents the exchange rate between the British pound and the Australian dollar, or the amount of Australian dollars (the quote currency) needed to purchase one pound (the base currency). It is a minor or 'cross' currency pair because it does not contain the US dollar.
GBP, also known as the pound sterling or "Cable" in financial circles, is the oldest official currency in use in the United Kingdom and British Overseas Territories today. Although the US dollar has supplanted the British pound as the world's primary reserve currency, a position it held for centuries, the British pound continues to play a significant role in international trade and finance.
The AUD, which replaced the Australian pound in 1966, is also the official currency of Norfolk Island, Christmas Island, and the Keeling Islands, as well as three sovereign Pacific Island nations. The AUD is one of the most frequently traded currencies due to Australia's economic and political stability, minimal government intervention in the foreign exchange industry, and strong ties with major trading partners such as China and the United States.
