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GBP/USD: Likely to consolidate in a range of 1.3455/1.3525 – UOB Group
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FXStreet Forex & Commodities News
Pound Sterling (GBP) is likely to consolidate in a range of 1.3455/1.3525.
In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP is likely to trade in a range24-HOUR VIEW: "We expected GBP to “trade in a range of 1.3415/1.3470” yesterday.
Today, GBP is more likely to consolidate in a range of 1.3455/1.3525."
Yesterday, GBP rose briefly and slightly above 1.3525 (high was 1.3527), before retreating quickly.