- Trading
- Instrument Specifications
- Currency Pairs
- GBP / AUD Investing
Trading a Currency Pair - GBPAUD
GBP/AUD Forex Trading Conditions
| Options | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 |
| Floating Spread, pip | 4.8 | 4.8 | 6 |
| Order distance, pip | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.32 / -0.85 | -0.32 / -0.85 | -0.32 / -0.85 |
| Digits | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | >=10000.00 GBP | 100.00 – 100000.00 GBP | >=100.00 GBP |
| Contract size | -/- | -/- | -/- |
|
1 pip value per 100000 | 10 AUD | 10 AUD | 10 AUD |
| Options | Standard-Fixed | Micro-Fixed | Demo-Fixed | PAMM-Fixed |
|---|---|---|---|---|
| Fixed spread, pip | 6 | 6 | 6 | 6 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.32 / -0.85 | -0.32 / -0.85 | -0.32 / -0.85 | -0.32 / -0.85 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 AUD | 10 AUD | 10 AUD | 10 AUD |
| Options | Standard-Floating | Micro-Floating | Demo-Floating | PAMM-Floating |
|---|---|---|---|---|
| Floating Spread, pip | 4.8 | 4.8 | 6 | 4.8 |
| Order distance, pip | 12 | 12 | 12 | 12 |
| Swap, pip (Long/Short) | -0.32 / -0.85 | -0.32 / -0.85 | -0.32 / -0.85 | -0.32 / -0.85 |
| Digits | 0.0001 | 0.0001 | 0.0001 | 0.0001 |
|
Available volumes | 0.1 – 10000 lot | 0.01 – 1 lot | 0.01 – 10000 lot | 0.01 – 10000 lot |
| Lot size | 100000 GBP | 100000 GBP | 100000 GBP | 100000 GBP |
|
1 pip value per 1 lot | 10 AUD | 10 AUD | 10 AUD | 10 AUD |
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.
"GBPAUD Trading
The GBPAUD 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. This pair presents how many Australian dollars are needed to trade GBPAUD. For a deeper understanding how to trade currency pairs, for example GBPAUD, you will need to know about bid and ask, pips and more, we suggest to start from basics "What is Forex Trading".
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
