GBP/USD sticks to the consolidative phase – UOB

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GBP/USD sticks to the consolidative phase – UOB
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GBP/USD sticks to the consolidative phase – UOB – by pabspiovano GBPUSD Currencies Majors Banks

24-hour view: “We highlighted yesterday that ‘while the strong bounce in GBP could extend, any advance is viewed as part of a higher trading range of 1.1460/1.1560’. Our view was not wrong as GBP traded close to our expected range . For today, we continue to expect GBP to range-trade, likely within a range of 1.1465/1.1565.”

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