Pound Sterling (GBP) finds itself in a volatile phase, likely remaining within a trading range between 1.2845 and 1.2930. The upward momentum observed recently appears to be decelerating, with a breach of the 1.2830 level signalling that the 1.2975 target may no longer be achievable. Analysts at UOB Group, Quek Ser Leang and Peter Chia, recommend monitoring this dynamic closely. Keeping an eye on potential resistances and supports will be crucial for traders looking to navigate this choppy market effectively.