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GBP/USD still waiting for a break – UOB Group

FXStreet (Edinburgh) - Quek Ser Leang, Market Strategist at UOB Group, underlines the mixed outlook for the sterling.

Key Quotes

“The choppy trade in GBP yesterday has led to a mixed outlook”.

“However, the sharp rally overnight appears incomplete and there could be a retest of the overnight high near 1.6310/15 but clear break appears unlikely at this juncture”.

“Strong support is at 1.6210.

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