British Pound: Pressure building below 1.3390 versus US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann report that GBP/USD has turned lower after failing to sustain gains above 1.3470. Short‑term momentum is now skewed to the downside, with scope for a test of 1.3405 and rising risk of a break below 1.3390 if the pair stays under 1.3470.