GBP/USD: Any decline is likely part of a lower range of 1.3360/1.3445 – UOB Group

  • There is room for Pound Sterling (GBP) to weaken further against US Dollar (USD); any decline is likely part of a lower range of 1.3360/1.3445. In the longer run, c; the next technical target at 1.3320 may not come into view so soon, as it could consolidate first, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.