Forex
globalreutersFebruary 5, 20251 Mins read
GBP/USD: A sustained break above 1.2530 is unlikely – UOB Group
globalreutersFebruary 5, 20251 Mins read The Pound Sterling (GBP) could rise further; overbought conditions suggest a sustained break above 1.2530 is unlikely. 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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