GBP/USD: Current price movements are likely part of a broad range – UOB Group

Slight increase in downward momentum is likely to lead to Pound Sterling (GBP) trading in a lower range of 1.3485/1.3560. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

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