Trade GBP / AUD | Spot Forex
GBP/AUD Forex Trading Conditions
| Classic | Direct | Pro | |
|---|---|---|---|
| Spread type | Fixed | Floating | Floating |
| Min. spread, pip | 6 | 4.8 | 4.8 |
| Order distance, pip | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.45 / -0.72 | -0.45 / -0.72 | -0.45 / -0.72 |
| Pip Size | 0.0001 | 0.0001 | 0.0001 |
| Lot size for МТ4/МТ5 | 100000 GBP | 100000 GBP | 100000 GBP |
| Max Leverage | Account leverage | Account leverage | Account leverage |
GBP AUD Trading Hours
GBP AUD trading hours are the time when investors can buy and sell GBP AUD. The GBP AUD is traded on multiple exchanges around the world. This means that investors have many different opportunities to trade GBP AUD during different trading hours. Depending on where you live, you may be able to trade GBP AUD at any time throughout the day or night. For those who want to take advantage of these opportunities, it is important to know when GBP AUD trading hours begin and end.
The GBP/AUD shows how many Australian Dollars are necessary for purchasing one British Pound. The Australian Dollar is often referred to as a risk currency because of its relatively higher interest rates and correlation to global equity markets. After 2008 the British Pound depreciated relative to the Australian Dollar and it started to make a significant rebound in 2013 because of declining growth in China, as well as a slowdown in the global commodity supercycle that had a negative impact on the largest sector of Australia- mining.
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Currency Pair GBPAUD | Forex | Major
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
- Is characterized by a relatively high value against other major currencies
- Is often used as a reserve currency
