Pound Sterling/Australian Dollar Financial Spread Betting and Trading Guide with Charts and Prices
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GBP/AUD Spread Betting Guide

GBP/AUD Spread Betting



Where Can I Spread Bet on GBP/AUD?


Currently, investors are able to spread bet commission free on GBP/AUD by opening an account with a number of firms:

GBP/AUD Market Analysis and Trading News


Date Trading Update
09-Oct-17 [12:48pm]

GBP/AUD Daily Trading Report

  • GBP/AUD is currently trading at A$1.69741.
  • In the last session, the market closed A$0.00033 (0.02%) higher at A$1.68159.
30 Minute Chart Analysis

Rising Forex Pair The FX pair is trading above the 20-period MA of A$1.68951 and above the 50-period MA of A$1.68474.

1 Day Chart Analysis

Rising Forex Pair The FX pair is above the 20-DMA of A$1.69570 and above the 50-DMA of A$1.65935.

Update by Gordon Childs, Editor, CleanFinancial

» More forex trading views and analysis.

Readers please note:


Where Can I Find Live Spread Betting Prices and Charts for GBP/AUD?


The real-time CFDs chart and prices below gives readers a valuable guide to the GBP/AUD currency pair.


The above chart from Plus500 is usually based on the underlying GBP/AUD futures market.

If you would like access to real-time financial spread betting charts and prices for GBP/AUD, you generally need a financial spread betting account.

In addition, a spreads account also lets you trade on daily prices. Such accounts are normally dependent on status and suitability checks.

Should your application be approved then you can log on to view the up-to-the-minute trading charts and prices. These are usually provided for free. So what's the catch? You are likely to get the odd email and/or letter from your online spread betting company.

If you do trade then, before you start, remember that contracts for difference and spread betting do involve a significant level of risk to your funds and you could lose more than your initial deposit.

Advanced Charting Packages for GBP/AUD


Though the specific charting packages differ from provider to provider, in order to aid your trading, they generally have handy features, including:
  • A broad range of time intervals, for example, 2 minutes, 1 hour, 4 hours etc.
  • Different display styles, for example, candle charts and line charts
  • Drawing features, for example, Trendlines, Fibonacci Time Zones, Arcs and Fans

Charts from FinancialSpreads.com also include more advanced aspects:
  • Custom Indicators, BackTesting and Optimisation tools
  • Overlays, for example, Bollinger Bands, Parabolic SAR, Envelopes etc.
  • Over 30 indicator charts, for example, RMI, Average Directional Index, Swing Index etc.
  • Custom alerts for when your chosen market hits a pre-determined price

Financial Spreads forex rate trading chart

GBP/AUD Trading Guide - Example Chart


The following spread betting companies give account holders live trading charts/prices:
Advert: GBP/AUD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on GBP/AUD with Financial Spreads.


Where Can I Spread Bet on GBP/AUD for Free?


Investing in the financial markets is not without its risks, however, if you would like to open a (free) Practice Account, that allows you to try out financial spread betting and look at professional charts, then see below for further details.

When deciding which trading option is right for you, don't forget that in the UK, financial spread betting is currently tax free*.

If you're trying to find a free financial spread betting platform then note that you are able to take a position on GBP/AUD with no commissions or brokers' fees through companies like:

Free Demo Account


If you are interested in an entirely free Demo Account / Test Account that allows users to try out online spread betting on markets such as the Dow Jones, GBP/USD and GBP/AUD, then you could always take a look at: The spread betting companies listed above currently provide a risk free Test Account that investors can use to check charts, test trading ideas and gain experience with trading orders.


How to Spread Bet on GBP/AUD

How to Spread Bet on GBP/AUD?


As with a wide variety of financial markets, it is possible to place a spread bet on FX rates, such as GBP/AUD, to go up or down.

Looking at a spread betting platform like Capitalspreads, you can see they are pricing the GBP/AUD Rolling Daily market at A$1.53904 - A$1.54004. As a result, an investor could put a spread bet on the GBP/AUD rate:

  GBP/AUD Spread Trading Example Going above A$1.54004, or
  GBP/AUD Spread Betting Example Going below A$1.53904

When spread trading on GBP/AUD you trade in x per point where a point is A$0.00010 of the pairs movement. So, if you staked 2 per point and GBP/AUD moves 22.0 points then that would be a difference to your profit/loss of 44. 2 per point x A$0.00220 = 2 per point x 22.0 points = 44.

Rolling Daily FX Markets

One important thing to note is that this is a Rolling Daily Market and so unlike a futures market, there is no closing date. You do not have to close your trade, should it still be open at the end of the trading day, it will simply roll over to the next trading day.

If your forex trade does roll over then you will normally be charged a small financing fee. For a more detailed breakdown of Rolling Daily Markets please read our article Rolling Daily Spread Betting.


GBP/AUD Trading Example 1


Now, if we think about the spread of A$1.53904 - A$1.54004 and make the assumptions that:
  • You have done your FX market research, and
  • You think the GBP/AUD market will go above A$1.54004
Then you may decide that you are going to buy a spread bet at A$1.54004 and risk, for the sake of argument, 3 per point.

So, you win 3 for every point (A$0.00010) that the GBP/AUD pair pushes higher than A$1.54004. However, such a bet also means that you will lose 3 for every point that the GBP/AUD market goes lower than A$1.54004.

Looked at another way, should you buy a spread bet then your profits (or losses) are worked out by taking the difference between the settlement price of the market and the initial price you bought the market at. You then multiply that difference in price by your stake.

Therefore, if after a few trading sessions the foreign exchange rate started to increase then you might think about closing your position and therefore guarantee your profits.

Taking this a step further, if the market did go up then the spread, determined by the spread betting company, might change to A$1.54389 - A$1.54489. You would close your spread bet by selling at A$1.54389. As a result, with the same 3 stake your profit would be calculated as:

Profit = (Settlement Level - Opening Level) x stake
Profit = (A$1.54389 - A$1.54004) x 3 per point stake
Profit = A$0.00385 x 3 per point stake
Profit = 38.5 points x 3 per point stake
Profit = 115.50 profit

Trading currencies, whether by spread trading or otherwise, is not easy. In this example, you wanted the forex rate to increase. Nevertheless, the currency rate can also go down.

If the GBP/AUD rate weakened, against your expectations, then you might choose to close your spread bet in order to limit your losses.

Should the spread fall back to A$1.53580 - A$1.53680 you would close your position by selling at A$1.53580. If so, your loss would be calculated as:

Loss = (Settlement Level - Opening Level) x stake
Loss = (A$1.53580 - A$1.54004) x 3 per point stake
Loss = -A$0.00424 x 3 per point stake
Loss = -42.4 points x 3 per point stake
Loss = -127.20 loss

Note - GBP/AUD Rolling Daily spread betting price quoted as of 11-Sep-12.


Advert: GBP/AUD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on GBP/AUD with Financial Spreads.


How to Spread Bet on Sterling - Australian Dollar

How to Spread Bet on Sterling - Australian Dollar - Example 2


Looking at a site like Tradefair, we can see that they are valuing the Sterling - Australian Dollar Rolling Daily market at A$1.55604 - A$1.55704. Therefore, an investor could spread bet on the Sterling - Australian Dollar pair:

  Sterling - Australian Dollar Spread Trading Example Going higher than A$1.55704, or
  Sterling - Australian Dollar Spread Betting Example Going lower than A$1.55604

Whilst placing a spread bet on Sterling - Australian Dollar you trade in x per point where a point is A$0.00010 of the pairs movement. Therefore, if you invested 3 per point and Sterling - Australian Dollar moves 32.0 points then that would alter your profits (or losses) by 96. 3 per point x A$0.00320 = 3 per point x 32.0 points = 96.

So, if you take the spread of A$1.55604 - A$1.55704 and assume:
  • You've done your market research, and
  • Your research leads you to think the Sterling - Australian Dollar market will increase and go higher than A$1.55704
Then you may decide that you want to go long of the market at A$1.55704 and risk, for the sake of argument, 2 per point.

So, you make a profit of 2 for every point (A$0.00010) that the Sterling - Australian Dollar rate rises above A$1.55704. Having said that, it also means that you will lose 2 for every point that the Sterling - Australian Dollar market moves below A$1.55704.

Looked at another way, should you buy a spread bet then your P&L is found by taking the difference between the settlement price of the market and the initial price you bought the market at. You then multiply that difference in price by your stake.

If after a few trading sessions the forex pair started to move upwards then you could choose to close your spread bet to secure your profit.

Therefore, if the market moved up then the spread, set by the spread trading company, might change to A$1.56187 - A$1.56287. In order to close your trade you would sell at A$1.56187. As a result, with the same 2 stake your profit would come to:

Profits (or losses) = (Final Price - Initial Price) x stake
Profits (or losses) = (A$1.56187 - A$1.55704) x 2 per point stake
Profits (or losses) = A$0.00483 x 2 per point stake
Profits (or losses) = 48.3 points x 2 per point stake
Profits (or losses) = 96.60 profit

Trading forex, by spread trading or otherwise, is not easy. In this case, you wanted the forex rate to increase. Nevertheless, the currency rate might decrease.

If the Sterling - Australian Dollar rate had fallen then you might choose to close your trade in order to restrict your losses.

So if the market pulled back to A$1.55159 - A$1.55259 you would settle your spread bet by selling at A$1.55159. As a result, your loss would be:

Profits (or losses) = (Final Price - Initial Price) x stake
Profits (or losses) = (A$1.55159 - A$1.55704) x 2 per point stake
Profits (or losses) = -A$0.00545 x 2 per point stake
Profits (or losses) = -54.5 points x 2 per point stake
Profits (or losses) = -109.00 loss

Note: Sterling - Australian Dollar Rolling Daily spread quoted as of 18-Sep-12.


Advert: GBP/AUD Spread Betting, sponsored by FinancialSpreads.com.
You can spread bet on GBP/AUD with Financial Spreads.


Trading Risk Warning
'GBP/AUD Spread Betting' edited by Jacob Wood, updated 09-Oct-17

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