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fxJun 25, 2026, 6:59 AM

GBP/USD Risks Sliding to 1.3110 – UOB

United Overseas Bank analysts caution that GBP/USD may weaken toward 1.3110 after briefly breaking below 1.3160, with near-term pressure targeting 1.3130.

GBPUSD

United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann have warned of further downside risk for GBP/USD, noting the pair could slide toward the 1.3110 level.

The analysts reported that GBP/USD briefly dipped below 1.3160, touching 1.3140, before recovering to 1.3170. Intraday price action suggests continued bearish pressure, with the pair expected to test the 1.3130 support zone in the near term.

While 1.3110 remains a key downside target, the analysts caution that a sustained break below that level could open the door to deeper losses. The outlook reflects ongoing dollar strength and uncertainty surrounding the pound.

Source: FXStreet Forex News