The GBP/USD currency pair is showing potential to test the 1.3355 level, according to analysts from UOB Group, Quek Ser Leang and Lee Sue Ann. Despite this upward movement, the next support level at 1.3315 appears to be out of reach for the time being. Traders are closely monitoring these key levels as they navigate current market conditions.
Looking ahead, the longer-term outlook for the British pound remains negative, suggesting a possible decline towards 1.3355, with further vulnerability to fall to 1.3315. Market sentiment around the GBP is influenced by various factors, including economic data and geopolitical developments, making it crucial for traders to stay informed about potential impacts on the exchange rate against the USD.
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Data Source: FX Killer Analysis Team Updated: 2026-01-16 10:49
Disclaimer: This article is for reference only and does not constitute investment advice. Forex trading involves risks; please make decisions carefully.