GBP/AUD

GBP/AUD CFD is a product offered by OANDA, and is based on a currency pair that represents the value of the British pound against the Australian Dollar.

The British pound, the currency issued in the United Kingdom, is one of the four major currencies. According to the 2022 BIS Triennial Central Bank Survey, the British pound ranks fourth in trading volume, following the Japanese yen.

The Australian dollar, issued in Australia, holds a notable share of the foreign exchange market. According to the 2022 BIS Triennial Central Bank Survey, it is the sixth most traded currency globally. Australia is perceived to have strong economic ties with China, and the Australian dollar may experience fluctuations in response to Chinese economic indicators and related factors.