Current analysis suggests that GBP/USD is likely to trade within a lower range of 1.3480 to 1.3560. Observers note a slight increase in downward momentum, indicating that the recent upward movement may be reaching a limit. If the currency pair breaches 1.3460, it may indicate that a rise to 1.3635 will be out of reach. This analysis from UOB Group’s experts offers valuable insight for traders actively engaged in GBP/USD market strategies.