GBP/AUD (British Pound / Australian Dollar)

📜 History

The pair has no single creation date. It exists because both currencies float freely. The pound moved to floating rates in 1972, after the Bretton Woods fixed-rate system collapsed in 1971. The Australian dollar was floated in December 1983 by the Australian government, when Paul Keating was Treasurer. Sterling was forced out of the European Exchange Rate Mechanism on Black Wednesday, 16 September 1992. The global financial crisis of 2008 hit both the pound and the Australian dollar hard. The Brexit referendum on 23 June 2016 caused a sharp fall in sterling. The COVID-19 shock in March 2020 caused large moves in the Australian dollar as risky assets fell.

⚙️ What moves the price

• →Bank of England and Reserve Bank of Australia interest rate decisions and rate expectations.
• →UK inflation, jobs and GDP data, compared with Australian data.
• →Iron ore, coal and other commodity prices, which support the Australian dollar, especially Chinese demand.
• →Global risk sentiment. The Australian dollar often weakens when markets turn risk-off.
• →UK political news and Brexit-related events that affect sterling.

Character

• •Medium to high volatility. Moves are often larger than in major pairs like EUR/USD.
• •Cross pair: the price reflects two currencies against each other, not against USD.
• •Trends can last for weeks when interest rate gaps shift.
• •Sensitive to risk mood and commodity news.

When to trade

• ✅London session, especially the morning from 07:00 to 11:00 UTC, when liquidity is high.
• ✅Days with Bank of England or RBA decisions, when the market is liquid and moves are clearer.

When not to trade

• ⛔Around major UK or Australian data releases and central bank speeches, when spreads widen and prices can jump.
• ⛔Thin hours and late Friday, when liquidity drops.
• ⛔Trading large size without a stop loss, because moves can be fast.

Our verified setups

Latest closed signals

• BUY · H1 · TP203/11+$197
• SELL · H1 · SL30/10−$108
• SELL · H4 · SL29/10−$117
• SELL · H4 · SL29/10−$103
• SELL · H4 · SL29/10−$106

📊 Weekly report

Simulation: $10,000 deposit, $100 risk per trade. Pips — price movement; $ — result at fixed risk.