GBPUSD Expected to Consolidate Between 1.3540 and 1.3600
The Pound Sterling (GBP) is expected to consolidate between 1.3540 and 1.3600 in the near term. Market analysts from UOB Group note that upward momentum remains strong, with the next objective possibly reaching 1.3635. Traders are advised to keep a close watch on developments within this trading range. Understanding the drivers behind these movements will be crucial for making informed trading decisions. As this market evolves, agility in trading strategies will play a vital role.