GBP/USD Stands Firm Below 1.2475 – Analyze Market Trends
While the GBP has rapidly ascended, analysts conclude that it lacks the strength to clearly break past the 1.2475 resistance level. For the time being, projections indicate that GBP will likely trade within the range of 1.2245 to 1.2530, according to the insights from UOB Group’s FX specialists.