UOB analysts forecast GBP/USD will trade between 1.3330 and 1.3395 intraday, with broader range limits at 1.3210 and 1.3655 over the next three months.
GBP/USD failed to sustain gains above 1.3420, pulling back after a brief rise to 1.3424. Analysts now expect the pair to consolidate within a 1.3330–1.3395 range intraday, with downside momentum unlikely to break below 1.3330.
Earlier forecasts had set resistance at 1.3410, but the pair briefly exceeded this level before losing steam. Downward momentum has since faded, shifting expectations to a broader range of 1.3300–1.3435 in the near term. Over a one-to-three-month horizon, GBP/USD is projected to remain between 1.3210 and 1.3655.
The pair closed little changed at 1.3367 after a 0.08% decline, reflecting limited directional conviction. Analysts emphasize that a clear break below 1.3330 would be required to signal further downside toward 1.3240.