GBP/USD: Rally could extend to 1.1910 and 1.2000 – UOB – by pabspiovano GBPUSD Currencies Majors Banks
could revisit the 1.1910 and even 1.2000 in the short-term horizon, suggested Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group.24-hour view: “The deeply overbought rally in GBP from Friday appears to be overdone and GBP is unlikely to advance much further. For today, GBP is more likely to trade between 1.1725 and 1.1860.”
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