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Posted by
Two Blokes Jul 28 -
Filed in
Forex
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As long as Pound Sterling (GBP) holds below 1.3480 against US Dollar (USD), it could test 1.3405; the major support at 1.3365 is unlikely to into view. In the longer run, GBP is likely to trade with a downward bias; it is unclear for now if it can reach the major support at 1.3365, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
