Trading GBP/AUD
The GBP/AUD is an interesting currency pair for forex trading, offering high liquidity and volatility. Making accurate predictions about the exchange rate requires understanding live chart setups and keeping an eye on the news. Here we review the pair and cover why the GBP/AUD FX rate fluctuates, how to use graph data to perform technical analysis and the history of the currencies. We also list the best GBP/AUD brokers in 2025.
Best GBP/AUD Brokers
Our in-depth evaluations have revealed these 6 brokers as the best for trading GBP/AUD:
Here is a short overview of each broker's pros and cons
- FOREX.com - Founded in 1999, FOREX.com is now part of StoneX, a financial services organization serving over one million customers worldwide. Regulated in the US, UK, EU, Australia and beyond, the broker offers thousands of markets, not just forex, and provides excellent pricing on cutting-edge platforms.
- XM - XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted broker has been delivering low trading fees across its growing roster of 1000+ instruments. It’s also highly regulated, including by ASIC and CySEC and offers a comprehensive MetaTrader experience.
- IC Markets - IC Markets is a globally recognized forex and CFD broker known for its excellent pricing, comprehensive range of trading instruments, and premium trading technology. Founded in 2007 and headquartered in Australia, the brokerage is regulated by the ASIC, CySEC and FSA, and has attracted more than 180,000 clients from over 200 countries.
- RoboForex - RoboForex is an online broker, established in 2009 and registered with the IFSC in Belize. Traders can choose from five accounts (Prime, ECN, R StocksTrader, ProCent, Pro) catering to different needs with trades from 0.01 lots and spreads from 0 pips. RoboForex has also enhanced its offering over the years, adding CFD instruments and launching its stock trading platform, plus the CopyFX system.
- Deriv - Established in 1999, Deriv is an innovative broker now serving over 2.5 million global clients. The firm offers CFDs, multipliers and more recently accumulators, alongside its proprietary derived products which can't be found elsewhere, providing flexible short-term trading opportunities.
- Pepperstone - Established in Australia in 2010, Pepperstone is a top-rated forex and CFD broker with over 400,000 clients worldwide. It offers access to 1,300+ instruments on leading platforms MT4, MT5, cTrader and TradingView, maintaining low, transparent fees. Pepperstone is also regulated by trusted authorities like the FCA, ASIC, and CySEC, ensuring a secure environment for day traders at all levels.
FOREX.com
"FOREX.com remains a best-in-class brokerage for active forex traders of all experience levels, with over 80 currency pairs, tight spreads from 0.0 pips and low commissions. The powerful charting platforms collectively offer over 100 technical indicators, as well as extensive research tools."
Christian Harris, Reviewer
FOREX.com Quick Facts
| Bonus Offer | Active Trader Program With A 15% Reduction In Costs |
|---|---|
| Demo Account | Yes |
| Instruments | Forex, Stocks, Futures, Futures Options |
| Regulator | NFA, CFTC |
| Platforms | MT4, MT5, TradingView, eSignal, AutoChartist, TradingCentral |
| Minimum Deposit | $100 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:50 |
| Account Currencies | USD, EUR, GBP, CAD, AUD, JPY, CHF, PLN |
| Currency Pairs | USD/CNH, EUR/CNH, AUD/CNH, CNH/JPY, EUR/AUD, EUR/SGD, EUR/TRY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/JPY, GBP/ZAR, USD/HKD, USD/SGD, USD/THB |
Pros
- FOREX.com offers industry-leading forex pricing starting from 0.0 pips, alongside competitive cashback rebates of up to 15% for serious day traders.
- There’s a wealth of educational resources including tutorials, webinars, and a stacked YouTube channel to help you get educated in the financial markets.
- With over 20 years of experience, excellent regulatory oversight, and multiple accolades including runner-up in our 'Best Forex Broker' awards, FOREX.com boasts a global reputation as a trusted brokerage.
Cons
- There’s no negative balance protection for US clients, so you may find yourself owing more money than your initial deposit into your account.
- Demo accounts are frustratingly time-limited to 90 days, which doesn’t give you enough time to test day trading strategies effectively.
- Funding options are limited compared to leading alternatives like IC Markets and don’t include many popular e-wallets, notably UnionPay and POLi.
XM
"With a low $5 minimum deposit, advanced charting platforms in MT4 and MT5, expanding range of markets, and a Zero account offering spreads from 0.0, XM provides all the essentials for active traders, even earning our ‘Best MT4/MT5 Broker’ award in recent years."
XM Quick Facts
| Bonus Offer | $30 No Deposit Bonus When You Register A Real Account |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Commodities, Indices, Thematic Indices, Precious Metals, Energies |
| Regulator | ASIC, CySEC, DFSA, IFSC |
| Platforms | MT4, MT5, TradingCentral |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP, JPY |
| Currency Pairs | EUR/AUD, EUR/JPY, EUR/SGD, EUR/TRY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/JPY, NZD/SGD, USD/HKD, USD/SGD |
Pros
- XM’s Zero account is ideal for day trading with spreads from 0.0 pips, 99.35% of orders executed in <1 second, and no requotes or rejections.
- XM stands out for its commitment to trader education, with a wealth of well-presented resources, including webinars, tutorials, and even real-time trading sessions through XM Live.
- XM’s growing roster of 1,000+ instruments provides diverse short-term trading opportunities, with unique turbo stocks, fractional shares, and more recently thematic indices.
Cons
- XM relies solely on the MetaTrader platforms for desktop trading, so there’s no in-house downloadable or web-accessible solution for a more beginner-friendly user experience with unique features.
- While the XM app stands out for its usability and exclusive copy trading products, the selection of technical analysis tools needs to be improved to meet the needs of advanced traders.
- Although trusted and generally well-regulated, the XM global entity is registered with the weak IFSC regulator and UK clients are no longer accepted, reducing its market reach.
IC Markets
"IC Markets offers superior pricing, exceptionally fast execution and seamless deposits. The introduction of advanced charting platforms, notably TradingView, and the Raw Trader Plus account, ensures it remains a top choice for intermediate to advanced day traders."
IC Markets Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Regulator | ASIC, CySEC, FSA, CMA |
| Platforms | MT4, MT5, cTrader, TradingView, TradingCentral, DupliTrade, Quantower |
| Minimum Deposit | $200 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
| Currency Pairs | USD/CNH, EUR/AUD, EUR/SGD, EUR/TRY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/JPY, USD/HKD, USD/SGD, USD/THB |
Pros
- As a tightly regulated and widely respected broker, IC Markets prioritizes client security and transparency, helping to ensure a reliable trading experience globally.
- You have access to over 2,250 CFDs across various markets, including forex, commodities, indices, stocks, bonds, and cryptocurrencies, allowing for diversified trading strategies.
- IC Markets offers fast and dependable 24/5 support based on firsthand experience, particularly when it comes to accounts and funding issues.
Cons
- While IC Markets offers a selection of metals and cryptos for trading via CFDs, the range is not as extensive as brokers like eToro, limiting opportunities for traders interested in these asset classes.
- Despite four industry-leading third-party platforms, there is no proprietary software or trading app built with new traders in mind.
- There are fees for certain withdrawal methods, including a $20 wire charge, which can eat into profits, especially for frequent withdrawals.
RoboForex
"RoboForex is great if you want a vast range of 12,000+ day trading markets with ECN accounts, powerful charting and loyalty promotions. It also stands out for stock traders with its user-friendly R StocksTrader platform, featuring 3,000+ shares, fees from $0.01 and sophisticated watchlists."
RoboForex Quick Facts
| Bonus Offer | $30 No Deposit Bonus |
|---|---|
| Demo Account | Yes |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures |
| Regulator | IFSC |
| Platforms | R StocksTrader, MT4, MT5, TradingView |
| Minimum Deposit | $10 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:2000 |
| Account Currencies | USD, EUR |
| Currency Pairs | EUR/AUD, EUR/JPY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/JPY |
Pros
- RoboForex is known for its tight spreads starting from 0 pips and low minimum deposits from $10, making it accessible to those on a budget. The ability to trade with micro lots further lowers the barrier to entry for new traders.
- The broker offers two commission-free withdrawals each month in the Free Funds Withdrawal program, helping day traders to minimize transaction costs.
- The R Stocks Trader platform rivals leading solutions like MT4, with netting and hedging capabilities, comprehensive backtesting, Level II pricing, and a flexible workspace.
Cons
- While RoboForex offers competitive spreads, some of its account types come with high trading commissions up to $20 per lot, trailing the cheapest brokers, such as IC Markets.
- Despite 15+ years in the industry and registering with the Financial Commission, RoboForex is authorized by one ‘Red-Tier’ regulator – the IFSC in Belize, lowering the level of regulatory protections for traders.
- Despite offering a range of platforms, RoboForex still doesn't support the increasingly popular cTrader. This might deter traders who prefer this specific platform for their day trading activities and is available at firms like Fusion Markets.
Deriv
"Deriv is ideal for active traders seeking alternative and unique ways to speculate on global financial markets, from multipliers and accumulator options to its bespoke synthetic indices, which mimic real market movements and are available 24/7, allowing for continuous trading opportunities regardless of market hours."
Deriv Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Multipliers, Accumulators, Synthetic Indices, Forex, Stocks, Options, Commodities, ETFs |
| Regulator | MFSA, LFSA, BVIFSC, VFSC, FSC, SVGFSA |
| Platforms | Deriv Trader, Deriv X, Deriv Go, MT5, cTrader, TradingView |
| Minimum Deposit | $5 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:1000 |
| Account Currencies | USD, EUR, GBP |
| Currency Pairs | EUR/AUD, EUR/JPY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/JPY |
Pros
- Deriv revamped its app in 2025, now sporting a slicker interface alongside improved position management and streamlined contract details for smarter mobile trading, earning it DayTrading.com's 'Best Trading App' award.
- After integrating TradingView and adding MT5 web trader, Deriv now offers a first-class selection of charting tools across desktop, web and mobile devices.
- Deriv stands out with its innovative products, from multipliers and derived indices to its addition of accumulator options, providing exclusive short-term trading opportunities.
Cons
- Apart from the MFSA in the EU, Deriv lacks top-tier regulatory credentials, reducing the level of safeguards like access to investor compensation.
- Although there’s a basic blog, there's little in terms of technical analysis or market reports which could help active traders identify potential opportunities.
- While the Academy launched in 2021 is a step in the right direction, there is limited education on advanced trading topics for seasoned traders and no live webinars to upskill new traders.
Pepperstone
"Pepperstone stands out as a top choice for day trading, offering razor-sharp spreads, ultra-fast execution, and advanced charting platforms for experienced traders. New traders are also welcomed with no minimum deposit, extensive educational resources, and exceptional 24/7 support."
Pepperstone Quick Facts
| Demo Account | Yes |
|---|---|
| Instruments | CFDs, Forex, Currency Indices, Stocks, Indices, Commodities, ETFs, Crypto, Spread Betting |
| Regulator | FCA, ASIC, CySEC, DFSA, CMA, BaFin, SCB |
| Platforms | MT4, MT5, cTrader, TradingView, AutoChartist, DupliTrade, Quantower |
| Minimum Deposit | $0 |
| Minimum Trade | 0.01 Lots |
| Leverage | 1:30 (Retail), 1:500 (Pro) |
| Account Currencies | USD, EUR, GBP, CAD, AUD, NZD, JPY, CHF, HKD, SGD |
| Currency Pairs | USD/CNH, EUR/CNH, GBP/CNH, NZD/CNH, EUR/AUD, EUR/SGD, EUR/TRY, EUR/CAD, EUR/GBP, GBP/AUD, GBP/CAD, GBP/HUF, GBP/JPY, NZD/SGD, USD/HKD, USD/INR, USD/SGD, USD/THB |
Pros
- Now offering spread betting through TradingView, Pepperstone provides a seamless, tax-efficient trading experience with advanced analysis tools.
- Pepperstone emerges as a low-cost broker, especially for serious day traders with spreads from 0.0 in the Razor account and rebates up to 30% (index and commodities) and $3/lot (forex) through the Active Trader program.
- There’s support for a range of industry-leading charting platforms including MT4, MT5, TradingView, and cTrader, catering to various short-term trading styles, including algo trading.
Cons
- Despite enhancements to its range of markets, crypto offerings are relatively limited compared to other brokers such as eToro, with no option to invest in real coins.
- Pepperstone’s demo accounts are active for only 30 days, which may not be not long enough to familiarize yourself with the different platforms and test trading strategies.
- Pepperstone does not support cTrader Copy, a popular copy trading feature built into the excellent cTrader platform and available at alternatives like IC Markets, though it has introduced an intuitive copy trading app.
Live Chart
Why Trade GBP/AUD?
Many traders opt to buy or sell GBP/AUD each day, and there are several reasons to do so:
- Volatility – Price chart movement can be significant with this pair, and the spot rate can change with little notice. Experienced investors closely monitoring the live exchange rate can use this to their advantage and gain pips from the effect on spread values.
- Diversification – Choosing to trade on a non-major pair (i.e., without USD) allows forex investors to branch out and utilize distinct strategies to turn a profit.
- Range of financial instruments – The volume of the forex market is extensive. Thus investors can trade the GBP/AUD through many vehicles, including CFDs, options, and futures.
- Accessibility of information – GBP/AUD historical data is now freely available, and this makes investing straightforward. Traders can analyse 5, 10, or 20-year long-term charts or look at market sentiment over the last 7 days easily. Commentary and discussion forums also help new forex players make buy or sell decisions.
Risks Of Trading GBP/AUD
- Volatility – The large and sometimes unpredictable price changes in GBP/AUD can be difficult for beginners. And relying on a live currency rate forecast may not be enough to ensure success. Technical knowledge, such as pivot points and support/resistance levels, can prove key for achieving profits on volatile pairs.
- Complicated technical analysis – In today’s climate, GBP/AUD dollar investors regularly use complex conversion tools and indicators, for example, Elliott Wave analysis, to make long-term forecasts or projections for next week. Traders often have to be proficient in using chart analysis to compete against professionals and institutions who operate in the same market.
- Algorithmic trading bots – Using programs that provide automated GBP/AUD trading is now a common strategy, and so investors working manually must respond rapidly to market changes to stay competitive.
Factors Affecting GBP/AUD Price
To make an accurate GBP/AUD trend prediction for today or forecast for 2025 and beyond, it is important to understand how price is affected by economics and local events:
- Commodity exportation – Australia is a huge exporter of products such as iron ore, coal, natural gas, and gold. As such, commodity prices influence the strength of the Australian dollar and thus the GBP vs. AUD.
- Central bank monetary policy – Interest rates set by central institutions, along with any policy announcements, heavily affect the GBP/AUD outlook.
- Economic performance – The average exchange rate is likely to shift when economic growth is greater in one country, as this strengthens its currency.
We can see a mix of events that have impacted GBP/AUD. In May 2022, for example, the GBP was losing ground because of higher oil prices, inflation rates, and the Russian-Ukrainian war.
The Australian economy is also heavily based on commodities, and an increase in oil prices is beneficial. At the same time, because of its geographical position, it is less influenced by the Russia-Ukraine war. In contrast, the UK has a 9% inflation rate, which has negatively impacted consumer purchasing power. This makes the AUD a safer investment in the eyes of traders, hence why the GBP has been losing value.
Linked Currency Pairs
In addition to the influences already outlined, GBP/AUD followers can use the behavior of other currency pairs to provide real-time trading signals and ideas. This is because many pairs are correlated, and the price movement in one set can result in either change in the same direction (positive correlation) or opposite direction (negative correlation) in the other set:
- EUR/AUD – Traders may commonly see a positive correlation between the prices of GBP/AUD and this FX pair
- AUD/USD – Prices for this currency pair are usually the reverse of the movements seen in GBP/AUD
GBP/AUD Trading Strategy Considerations
Forex traders today need to know the pip value of the currencies they are working with, but above that must be aware of world events and use all available data to their advantage.
Trade
There is a long history of trade between the UK and Australia. The UK is Australia’s ninth largest two-way trading partner and the second-largest source of foreign investment in the country.
The pound had been a unit of currency since the 8th century and became a free-floating currency in 1971. The Australian pound was replaced by the dollar in 1966, which was then floated in 1983.
The highest rate for exchanging GBP into AUD dollars was recorded at 2.96 in August 2002, when the UK’s financial sector was buoyant and its economy robust. The GBP v AUD dollars price fell to its lowest rate of 1.36 in January 1985, when the AUD was strongest.
Historical Data
Investors in GBP to AUD can review historical data. Traders can track price changes across a range of time periods, for example, data from yesterday, the last 6 or 12 months, or even a 5-year history. Many clients choose to view this information on candlestick charts, which clearly depicts any movement information and can be used to visualize potential trends going forward.
News
Political and world events can greatly impact the GBP v AUD exchange rate, so traders should stay up to date with breaking news in respective countries and the knock-on impact on currencies. Local news, such as the BBC in the UK, offer real-time access to live announcements.
Brokers
Many firms offer GBP against AUD for forex trading, including IG and Oanda. Online brokers have different trading platforms (like MT4) that offer various tools and analytical capabilities. TradingView, DailyFX, Reuters, and Yahoo Finance are also popular choices for GBP to AUD research. They provide weekly outlooks, monthly averages, mid-market rate information, and interactive charts. Banks like HSBC, Westpac, and Interbank can also be useful resources of live graphs for exchange rates over time.
Forecasts
Many GBP vs. AUD investors use long-term FX forecasts to inform their strategy – for example, a graph of 10 years may calculate a trend of annual fluctuations and thus when a large investment might be appropriate. Equally, a GBP to AUD money 5-year forecast can display a medium-range mood and might predict the average rate over this period. These sentiment tools can also be used more close range, for example, for the week ahead or today.
Role Of GBP
The GBP is the oldest and fourth most traded currency in the forex space. The US dollar, and to a lesser extent, the euro, are considered the world’s unofficial reserve currencies. However, the pound is also held in reserve along with the Swiss franc and Japanese yen, indicating the important role it plays in the world economy.
Note, the Russia-Ukraine war, high oil prices, and inflation rates have recently negatively impacted the GBP.
Role Of AUD
The AUD follows the GBP as the fifth most traded currency in the forex market. With Australia being a key exporter, its rate is strongly influenced by commodity prices. It has close proximity to Asian economies, especially China, with its booming manufacturing sector and high requirement for resources. The AUD rate is heavily dependent on the degree of manufacturing output from these regions.
Final Word On Trading GBP/AUD
Forex investors trading GBP/AUD enjoy a volatile currency outside of the major pairs. Traders can use live exchange rate charts and technical analysis to make the most profit from this pair. Investors can also benefit from monitoring market news to pre-empt events that could affect the rate of GBP vs. AUD.
FAQs
How Do I Start Trading The GBP/AUD?
Investors will need to open a trading account with a forex broker to start buying and selling the currency pair. Look for a provider with tight spreads, leveraged trading opportunities, and user-friendly analysis tools.
Is GBP Going Up Or Down Vs. The AUD?
Rates are affected by many factors and can move rapidly, so be sure to check the most up-to-date news outlets and live charts for forecasts. Most top forex brokers offer a range of real-time trading tools.
Why Is The GBP Weak Against The AUD?
Like many economies, the UK has been affected by inflation, high oil prices, and the Russian-Ukrainian war. Even though it is not part of the EU, the UK’s pound is influenced by political events in Europe.
Is AUD Getting Stronger Against The GBP?
The GBP/AUD exchange rate fluctuates daily. With that said, because it is a commodity currency, higher oil prices have helped the AUD rise.
Is It A Good Time To Buy GBP/AUD?
Although the value of the AUD has been rising against a number of big currencies in recent years, geopolitical events and changes to commodity exports in Australia can impact the strength of the currencies. Conduct your own research before you take a position.
Where Can I find AUD GBP 10 Year History?
You can find a GBP to AUD graph for 5 years, 10 years, or even 20 years at various online sources. Try your broker first – many trading platforms have their own integrated historical charts. Another good option is TradingView.