Tick chart for GBPAUD, showing each change in the ask or bid price. (If the spread is
very tight then the lines may overlap, and only the ask line may be visible.)
As well as a plain tick chart, you can use the "Tick speed" mode to add an indicator showing how long it has taken
for the last N ticks to happen. The lower the histogram, the faster the market is moving.
The "Timed" mode still shows each change in the ask or bid price, but the X axis of the chart is set to
constant units of time. You can use this to view individual ticks while still being able to distinguish between
fast and slow periods in the market.
The "Candles" mode draws tick candles. These are candles which form each time that N ticks happen, rather than
being time-based.
The GBPAUD pair is the abbreviation of the British Pound against the Australian Dollar. The Pound is the
fourth most traded currency worldwide, with the Australian Dollar in fifth place and they are the official
currencies of the world's 5th and 12th largest national economies respectably. The pair is generally
affected by Britain and Australia's economic policies, unemployment rates, export/import statistics
and gross domestic product (GDP) growth among other things.
Challenges