Tuesday , 4 February 2025
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GBP/USD: Unlikely to break clearly above 1.2475 – UOB Group

Rapid rise has scope to extend, but any advance is unlikely to break clearly above 1.2475. In the longer run, for the time being, GBP is expected to trade in a range of 1.2245/1.2530, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

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