The GBP/USD currency pair is expected to trade within a defined range of 1.3040 to 1.3165, according to UOB Group's FX analysts Quek Ser Leang and Peter Chia. As the downward momentum subsides, the Pound Sterling shows signs of stabilization against the US Dollar. This range-bound trading suggests that market participants are currently uncertain about directional movements.
Factors influencing this trading range include recent economic data releases and market sentiment surrounding the UK economy. With the exchange rate hovering between these key technical levels, traders may look for confirmation signals before committing to positions. The implications of this range-bound behavior could impact investor strategies, as they navigate the intricate dynamics of the GBP/USD pair in the context of broader market conditions.
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: 2025-11-25 11:39
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.