Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

GBPAUD - British Pound / Australian Dollar

Swap Short: -7.3417 PointsSwap Long: -2.9081 Points
Low: 1.72872Spread MT5 floatingHigh: 1.73515
Global Stock Exchanges Session Times
Sydney
10:53 pm (Local)
Opens in 10h 57m
Tokyo
8:53 pm (Local)
Opens in 12h 7m
London
11:53 am (Local)
Closes in 4h 37m
New York
6:53 am (Local)
Opens in 2h 37m

GBPAUD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.35$ per 10K traded
Minimum: 1.50Average: 2.73
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level0 points
Used Margin (1:100 leverage rate) in US Dollar1000 AUD X USDAUD Rate
Minimum contract size1000 GBP (0.01 lots)
Minimum step for increasing contract size1000 GBP
Margin requirements to open a lock position *0

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The GBP/AUD currency pair is heavily influenced by the correlation of two major global economies: the United Kingdom and Australia. Placed in the experienced hands, the GBP/AUD pair could be an ideal move-away from the four majors, and a useful tool to the trader’s portfolio diversification.

Obviously, the GBP/AUD currency pair is controversial and difficult to analyze. On the one hand is the Great Britain leaving the EU. On the other hand is the continent of Australia, whose economy with the ups and downs is heavily dependent on the natural materials and weather changes. Food exports, as well as energy, raw materials and minerals bring a significant part of the Australia's income: it plays a significant role in the country's economy, and AUD is considered as a commodity currency.

The significant difference in the interest rates of The Bank of England and The Bank of Australia (0.25% and 1.5%) allows to use this currency pair for trading with a carry-trade strategy.

If you are interested in trading the GBP/AUD, contact FxPro today to open trading account in several minutes.