ANZ says the Reserve Bank of Australia has reached the end of its tightening cycle.
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GBP/AUD retains a heavy feel and looks set fair to record a fourth consecutive daily loss.
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Aussie inflation is too hot to allow for further rate cuts at the Reserve Bank of Australia (RBA).
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The pound is looking well supported against the Australian dollar here, but there are reasons to be cautious about betting on significant strength.
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The Australian dollar is poised for a bullish run if domestic interest rates rise next year.
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The pound to Australian dollar exchange rate (GBP/AUD) can descend over the course of the coming week.
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Credit Agricole believes the Australian dollar will remain underpinned by the perception that the RBA is likely to remain cautious.
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