GBP/USD: Significant support level at 1.2300 can be out of reach – UOB Group

GBP/USD: Significant support level at 1.2300 can be out of reach – UOB Group

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The Pound Sterling (GBP) is likely to decline; the significant support level at 1.2300 could be out of reach. In the longer run, risk has shifted to the downside but note that there is a significant support level at 1.2300, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note…
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