The GBP/USD currency pair is expected to trade within the range of 1.3125 to 1.3185, according to UOB Group's FX analysts, Quek Ser Leang and Peter Chia. As upward momentum begins to wane, a breach below the key level of 1.3105 could signal a shift towards range-trading for the Pound Sterling.
Market participants are closely monitoring these technical levels, as any significant move could affect the exchange rate dynamics against the USD. The fading momentum raises questions about the potential for sustained GBP strength, indicating that traders should prepare for possible consolidations in the coming sessions.
About FX Killer Trader Incubation Program
Want to become a professional trader? FX Killer offers a completely free professional trader training program. We provide systematic courses, practical training, and professional mentorship to help you grow from beginner to full-time trader.
👉 Join Free Training Program | Trading Psychology Assessment
Data Source: FX Killer Analysis Team Updated: 2025-11-18 09:20
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.