GBP/USD: Any advance is likely part of a higher range of 1.3325/1.3410 – UOB Group

  • Further Pound Sterling (GBP) strength still seems likely vs US Dollar (USD); any advance is likely part of a higher range of 1.3325/1.3410. In the longer run, GBP could continue to rise; based on the current momentum, it might find 1.3445 difficult to break, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.