Many analysts have likened the patterns of the EUR/GBP value changes to those of the EUR/AUD when viewed from the viewpoint of correlation analysis of two-point scale. Autocorrelation is a straightforward method that makes use of inter-disciplinary approaches in order to conduct market efficiency tests within the scope of the EUR/GBP.
In most cases, analysts make use of up to 100 hours worth of time-length so as to come up with a wide range of statistical data. The time series limits may extend for up to 20 units in order produce measures of returns that are properly distributed within different time limits so as to come up with free correlations.
When the two currencies are being considered for purposes of comparison, a time lag of one hour has to be the main variable within which all other factors fall. In one such analytical study that was carried out so as to find about the relationship between these two currencies between 2002 and 2009, each of the currencies was compared to other major currencies.