GBP/USD may remain pressurized by USD – OCBC

FXStreet (Barcelona) - Analysts at OCBC Bank expect the GBP/USD pair to drift towards 1.500 levels on USD outperformance.

Key Quotes

“The pair may remain subject to broad dollar undercurrents but rate differentials moving in favor of the US may continue to argue for an inherent USD outperformance. On our end, we continue to favor a drift towards the 1.500 handle multi-session.“