OANDA:GBPAUD   British Pound / Australian Dollar
Currency pair British Pound and Australian Dollar. Have reached their lowest levels since the end of last year. This was due to the strong strengthening of the Australian currency, which reached its highest levels against most of the world's currencies. In this, Australia was helped by a more favorable situation with the epidemic. Due to the fact that Australia is a separate continent and the virus could not spread much throughout the country, which made it possible to save the economy. In turn, Britain suffered more because the epidemic in this country gave more serious consequences. And before the country had time to leave the European Union and begin to restore its system, it received a new blow in the form of a virus, which led to the fall of the British currency. At the moment, the currency pair is making a trend reversal. It is hard to say how much the British pound will strengthen against the Australian dollar, but the fact that it will go into correction due to the large overbought Australian currency is a fact.
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