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British Pound: Overbought rally still has upside scope against US Dollar – UOB
UOB strategists Quek Ser Leang and Lee Sue Ann report that GBP/USD surged as Sterling outperformed major peers, though short-term conditions are now overbought. Intraday, they expect consolidation within a tight band, but the 1–3 week view still allows for further gains toward higher resistance, with downside invalidation only on a break of revised strong support levels.
Latest closeGBP/USD 1.323 ▼0.3%
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