Sterling remains supported following recent gains, with UOB analysts eyeing a move to 1.3405 as long as the pair maintains its critical support floor at 1.3260.
UOB sees upside risk toward 1.3405 as long as GBP holds above strong support at 1.3260.
The British Pound maintains a bullish outlook as UOB analysts project a potential climb toward 1.3405. While the currency consolidates in the short term between 1.3285 and 1.3335, the broader trend remains positive provided the 1.3260 support level holds.
UOB analysts maintain a bullish stance, projecting potential upside toward 1.3405 over the next one to three weeks.
The 1.3260 level is identified as the strong support floor that must hold to sustain the current bullish momentum.