GBP/USD further gains expected above 1.4455/60 – UOB

Analysts at UOB Group see the pair gathering further upside traction on a close above the 1.4455/60 band.

Key Quotes

“We have held a neutral view on GBP for close to a month now and since then this pair has traded choppily within a broad 1.4000/1.4455 range”.

“Upward momentum is improving rapidly and a daily closing above the late March high of 1.4455/60 would indicate that GBP is ready to move higher in the coming weeks”.

“In the meanwhile, this pair is expected to remain underpinned unless there is