The Pound to Australian Dollar (GBP/AUD) exchange rate looks set to extend its pullback in the coming days.
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.
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Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.
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