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May 9, 2025

GBP/USD Expected to Decline Further Amidst Market Uncertainty

GBP/USD Weakness Expected

The Pound Sterling (GBP) is poised for a potential decline, according to analysts from UOB Group. The pair could test support at 1.3190, with further weaknesses potentially pushing it to 1.3150.

Market Sentiment

The current uncertainty in the market means traders should proceed with caution. The ability of GBP to remain above these levels remains questionable as factors influencing currency fluctuations come into play.

Conclusion

Keeping up with the latest market trends and insights will be crucial for GBP/USD traders as they navigate the evolving landscape.

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