GBP/USD points to rangebound between 1.4300 and 1.4550 – UOB

The research team at UOB Group expects GBP/USD to trade in a 1.4300-1.4550 range in the next 1-3 weeks.

Key Quotes

“GBP touched a high of 1.4524 but eased off quickly. We have held a neutral stance for 2 weeks now and there is no change to the view”.

“From here, GBP is expected to trade in a broad sideway range, likely between 1.4300 and 1.4550”.