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fxJul 23, 2026, 6:23 AM

UOB Sees GBP/USD Downside Risks Below 1.3340

United Overseas Bank analysts expect GBP/USD to consolidate between 1.3350 and 1.3400 intraday, with downside risks emerging below the 1.3340 level.

GBPUSD

United Overseas Bank's Quek Ser Leang and Lee Sue Ann noted that GBP/USD faces downside risks if it falls below the 1.3340 threshold against the US dollar.

Following a modest pullback, the pair is expected to trade in a narrow intraday range of 1.3350 to 1.3400. The analysts highlight that a sustained break below 1.3340 could open the door for further weakness.

Source: FXStreet Forex News