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Posted by
Two Blokes Jun 6 -
Filed in
Forex
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3 views
Firmer underlying tone suggests Pound Sterling (GBP) could retest the 1.3615 level against US Dollar (USD); the next resistance at 1.3655 is unlikely to come under threat. In the longer run, GBP could edge higher; given the current momentum, any advance may not be able to break clearly above 1.3655, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
