British Pound: Room to rise toward 1.3480 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann turned constructive on GBP/USD, noting recent gains and rising momentum as the Bank of England (BoE) prepares to hike rates for the first time in over three years. They see short-term consolidation between 1.3380 and 1.3435, but on a 1–3 week and 1–3 month basis they highlight scope for the Pound to test 1.3480, provided key support at 1.3360 holds.