GBP/USD Set for Sideways Movement: Key Ranges to Observe
GBP/USD is anticipated to trade sideways within the range of 1.2440 and 1.2535. In the longer term, the British pound is expected to maintain a trading range between 1.2420 and 1.2620. Analysts from UOB Group provide these insights, highlighting key ranges as potential critical points for traders. Observing how GBP/USD reacts in this range will be essential for future trading decisions.