GBP/USD Poised in a Range of 1.3420 to 1.3655 According to Market Analysts
The Pound Sterling (GBP) is likely to trade within a range of 1.3420 to 1.3655 as market analysts predict a test near 1.3580 before the potential for a pullback arises. Analysts from UOB Group, Quek Ser Leang and Peter Chia, note that while the outlook appears mixed, traders should remain vigilant. Understanding these resistance levels will be crucial for anyone involved in GBP trading. How can traders optimize their strategies in this fluctuating environment? Staying informed is key to making effective trading decisions.