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fxJul 15, 2026, 6:56 AM

GBP/USD Advance Stalls, UOB Sees Neutral Range View

UOB analysts note GBP/USD's recent rally has stalled, with the pair closing at 1.3387 after touching 1.3442. Intraday range is seen between 1.3360 and an unspecified upper bound.

GBPUSD

United Overseas Bank (UOB) analysts Quek Ser Leang and Lee Sue Ann report that the British pound's advance against the US dollar has stalled. The pair rebounded to 1.3442 before closing at 1.3387, suggesting the upside momentum has faded.

According to the analysts, the intraday trading range for GBP/USD is expected to be between 1.3360 and an upper limit not provided in the note. This aligns with a neutral near-term outlook.

The comments come amid broader market focus on currency divergence and upcoming economic data. No additional guidance on longer-term targets was offered.

Source: FXStreet Forex News