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May 15, 2025

GBP/USD Poised to Hover Between 1.3220 and 1.3320 with Low Momentum

Current price action for the Pound Sterling indicates a non-trending phase. Analysts from UOB Group, Quek Ser Leang and Peter Chia, predict that GBP/USD will likely trade in a range between 1.3220 and 1.3320. However, in a broader context, momentum appears to have weakened. In the long term, GBP/USD could fluctuate within the ranges of 1.3140 to 1.3405, indicating a period of consolidation ahead.

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