British Pound: Pound capped as bearish bias lingers against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang highlights that GBP/USD continues to lack clear momentum, with intraday action expected between 1.3175 and 1.3225. The bank maintains a negative 1–3 week view, seeing scope for a drop toward 1.3110 while strong resistance at 1.3245 caps upside.