GBP/USD: Scope for a rebound towards 1.2980 – UOB Group
FXStreetScope for the Pound Sterling (GBP) to rebound, but any advance is unlikely to reach 1.2980, otherwise it is likely to consolidate between 1.2850 and 1.3020 for the time being, UOB Group FX strategists Quek Ser Leang and Peter Chia note.