GBP/USD: Any advance is likely part of a 1.3290/1.3390 range – UOB Group

GBP/USD: Any advance is likely part of a 1.3290/1.3390 range – UOB Group

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Pound Sterling (GBP) could rebound further; any advance is likely part of a 1.3290/1.3390 range. In the longer run, downward momentum has slowed somewhat, but there is still a chance for GBP to decline to 1.3200, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note…
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