The pound is looking well supported against the Australian dollar here, but there are reasons to be cautious about betting on significant strength.
The Australian dollar is poised for a bullish run if domestic interest rates rise next year.
The pound to Australian dollar exchange rate (GBP/AUD) can descend over the course of the coming week.
Credit Agricole believes the Australian dollar will remain underpinned by the perception that the RBA is likely to remain cautious.
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