UOB revises its outlook as the pair closes above 1.3555, signaling potential gains toward 1.3600.
GBP/USD invalidated a recent neutral stance after breaking above 1.3555 and closing near 1.3532. The move suggests an intact uptrend, with intraday resistance now seen at 1.3570 and a firm cap at 1.3600.
Prior to the breakout, the pair had traded in a consolidative range, with 1.3555 acting as a key pivot. The shift follows a period of mixed signals, as earlier forecasts had flagged a neutral bias.
No immediate market reaction was specified, but the revised outlook points to further upside potential in the near term.