GBP/USD: Outlook for GBP has shifted to positive – UOB Group

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GBP/USD: Outlook for GBP has shifted to positive – UOB Group UOB Group analysts Quek Ser Leang and Peter Chia anticipate the GBP/USD pair to fluctuate within a 1.3000-1.3145 range. The longer-term outlook for the GBP has turned positive, with key resistance levels identified at 1.3210 and 1.3290. Their analysis of recent price action indicates that upward momentum exceeded previous expectations, with the pair reaching a high of 1.3146.

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