The British Pound can ease back from recent highs against the Australian Dollar, although the bigger picture remains constructive.
The Pound has surged to a new four-year high against the Australian Dollar following the Federal Reserve's December policy update. However, GBP/AUD now screens as overbought.
The Australian Dollar was broadly lower following weak Chinese retail sales data.
The Pound to Australian Dollar (GBP/AUD) exchange rate could retest 2.0 this week.
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