The GBP/USD currency pair is expected to trade within a range of 1.3470 to 1.3535 in the near term, according to analysts at UOB Group. This trading range reflects current market sentiment and technical levels, indicating a stable exchange rate amidst recent fluctuations in global markets.
Looking ahead, there is potential for the Pound Sterling to rise towards 1.3590; however, the likelihood of surpassing this level remains low. Traders should monitor economic indicators and policy developments that could impact the GBP and USD, as movements beyond this range may signal a shift in market dynamics.
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Data Source: FX Killer Analysis Team Updated: 2026-01-07 10:24
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.