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British Pound: Risk of test of 1.3140 against US Dollar – UOB

UOB’s Quek Ser Leang and Lee Sue Ann report that GBP/USD extended its sharp decline to 1.3205, leaving conditions deeply oversold but with the bias still pointi

UOB’s Quek Ser Leang and Lee Sue Ann report that GBP/USD extended its sharp decline to 1.3205, leaving conditions deeply oversold but with the bias still pointing lower.

Market commentary only, not advice. 28 words on the desk. Trading involves risk. Headline credited to FXStreet.

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