The New One is likely to have his Champion Hurdle prep run at either Wincanton or Sandown.
Having been forced to miss the International Hurdle at Cheltenham earlier in the month he took on current champion Faugheen in the Christmas Hurdle at Kempton on St Stephen's Day when a little rusty.
While no match for Willie Mullins' star, he was still able to finish second, beating International winner Old Guard.
"He's come out of the race 100 per cent fine," said trainer Nigel Twiston-Davies. "He'd had five weeks off with a foot problem, so I'm expecting him to come on a heck of a lot for it. I think he ran as well as could have been expected, actually, in the circumstances.
"He'll definitely have another race [before Cheltenham]. The Haydock one we used last season might come too soon.
"There are options at Wincanton [Kingwell] and Sandown [Contenders Hurdle] though - it will probably be one of those.
"I've not even considered the World Hurdle. He's still the best British hurdler over two miles and you can't run away from one horse."