RSS GBP/USD: Weakness in GBP stabilizes – UOB Group

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 RSS GBP/USD: Weakness in GBP stabilizes – UOB Group

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The Pound Sterling (GBP) is expected to continue to trade in a range, probably between 1.2190 and 1.2280. In the longer run, weakness in GBP has stabilized; it is likely to trade in a range between 1.2130 and 1.2390, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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