Daily Market Updates: British Pound: Upside risk toward 1.3405 within range

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British Pound: Upside risk toward 1.3405 within range – UOB

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United Overseas Bank’s (UOB) Quek Ser Leang reports GBP/USD eased to 1.3304 but remains supported after last week’s surge to 1.3371. Intraday, the Pound is expected to consolidate between 1.3285 and 1.3335 as momentum indicators flatten. On a 1–3 week horizon, UOB still sees scope for a push toward 1.3405, provided GBP holds above strong support at 1.3260.

Latest closeGBP/USD 1.323 ▼0.3%

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FXStreetBritish Pound: Upside risk toward 1.3405 within range – UOB

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British Pound: Upside risk toward 1.3405 within range – UOB

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