The odds of a February rate cut at the Reserve Bank of Australia (RBA) rose after a monthly measure of core inflation fell further than expected.
GBP/AUD exchange rate is in a pullback that needs room to extend.
The Pound to Australian Dollar (GBP/AUD) exchange rate's rally is intact, but a retracement to support located at 2.0110 could see us into the new year.
The British Pound can ease back from recent highs against the Australian Dollar, although the bigger picture remains constructive.