GBP vs AUD Spread Bets

Where Can I Get Live Spread Betting Prices and Charts for GBPAUD?

The simple chart above gives you a useful guide to how the market is trending.

Still, if you are trading GBPAUD, the companies mentioned above include real-time prices and advanced charting packages.

Example chart:

GBPAUD Spread Betting Example

If you are going to spread bet on a forex pair such as GBPAUD then, on visiting a site like FinancialSpreads, at the moment you’d see a quote of AU$1.80378 – AU$1.80478.

Therefore, you could speculate on GBPAUD to move higher than AU$1.80478 or to move lower than AU$1.80378.

With spread trading, you speculate on every unit the market goes up or down; in the case of the GBPAUD market a unit is AU$0.00010 of the forex rate’s price movement.

For example, let’s say you decide to bet £4 for every AU$0.00010 GBPAUD moves up or down.

Buying – Spread Betting on the Market to Increase

If you were to buy GBPAUD at AU$1.80478 and the forex rate rose then you might see the price move to AU$1.80884 – AU$1.80984. If that were to happen, you might choose to close your trade for a profit by selling at AU$1.80884.

Your Profits (or Losses) = (closing price of the market – opening price of the market) x stake per AU$0.00010
Your Profits (or Losses) = (AU$1.80884 – AU$1.80478) x £4 per AU$0.00010 stake
Your Profits (or Losses) = AU$0.00406 x £4 per AU$0.00010
Your Profits (or Losses) = £162.40 profit

Of course, if the forex rate had decreased to AU$1.80117 – AU$1.80217, you may decide to close your position to limit your losses. In that case, you’d sell at AU$1.80117.

Therefore, with the same £4 per AU$0.00010 stake:

Your Profits (or Losses) = (closing price of the market – opening price of the market) x stake per AU$0.00010
Your Profits (or Losses) = (AU$1.80117 – AU$1.80478) x £4 per AU$0.00010 stake
Your Profits (or Losses) = -AU$0.00361 x £4 per AU$0.00010
Your Profits (or Losses) = -£144.40 loss

Selling – Spread Betting on the Market to Decrease

A key feature of spread betting is that you can sell the markets.

This market was initially priced at AU$1.80378 – AU$1.80478.

If you were to go short of GBPAUD at AU$1.80378 and the forex rate went down then the quote might change to AU$1.79913 – AU$1.80013. If that happened, you might decide to close your bet for a profit at AU$1.80013.

Your Profits (or Losses) = (opening price of the market – closing price of the market) x stake per AU$0.00010
Your Profits (or Losses) = (AU$1.80378 – AU$1.80013) x £4 per AU$0.00010 stake
Your Profits (or Losses) = AU$0.00365 x £4 per AU$0.00010
Your Profits (or Losses) = £146.00 profit

Financial markets also move up, if the forex rate were to rise up to, for example, AU$1.80603 – AU$1.80703, you might decide to close your bet to prevent further losses. If so, you would buy at AU$1.80703.

With the same £4 per AU$0.00010 stake:

Your Profits (or Losses) = (opening price of the market – closing price of the market) x stake per AU$0.00010
Your Profits (or Losses) = (AU$1.80378 – AU$1.80703) x £4 per AU$0.00010 stake
Your Profits (or Losses) = -AU$0.00325 x £4 per AU$0.00010
Your Profits (or Losses) = -£130.00 loss


GBPAUD Rolling Daily prices correct as of 25-Jul-14.

This is a ‘Rolling Daily’ market. This kind of trade does not have a fixed expiry date and automatically rolls over to the next trading day. When a market rolls over you may incur a small charge or receive a small credit. For more, see rolling daily spread betting markets.

GBPAUD Test Accounts

Sometimes you might want to practice. The companies listed below offer test accounts. You can use these to place spread bets on GBPAUD without risking any money.

• Financial Spreads
• InterTrader

User Questions and Answers on GBPAUD