Trade The World
GBP/USD to decline to 1.3200 – UOB Group
Ni FXStreet Insights Team
Petsa ng Pag-publish: 14 Oct 2025 | Petsa ng Pag-edit: 14 Oct 2025
POPULAR ARTICLES
Downward momentum has slowed somewhat, but there is still a chance for Pound Sterling (GBP) to decline to 1.3200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Downward momentum has slowed somewhat, but there is still a chance for Pound Sterling (GBP) to decline to 1.3200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Chance for GBP might decline to 1.3200
24-HOUR VIEW: "While we held the view that GBP 'could rebound further' yesterday, we indicated that 'any advance is likely part of a 1.3290/1.3390 range.' Our view did not materialise, as GBP traded sideways between 1.3315 and 1.3366, closing marginally higher by 0.02% at 1.3336. Despite the relatively quiet price movements, there has been a slight increase in downward momentum. Today, GBP may edge lower, but any decline is likely part of a lower range of 1.3295/1.3350. To put it another way, GBP does not appear to have enough momentum to break below 1.3295."
1-3 WEEKS VIEW: "Our update from yesterday (13 Oct, spot at 1.3350) remains valid. As highlighted, while downward momentum has slowed with the recent recovery, “there is still a chance for GBP to decline to 1.3200.” Overall, only a breach of 1.3390 (‘strong resistance’ level was at 1.3410 yesterday) would suggest that the weakness in GBP that started in the middle of last week has stabilised."
Acuity Trading
Ang Acuity Trading ay isang fintech na nakabase sa London na itinatag noong 2013, na dalubhasa sa AI-powered na alternative data at sentiment analysis para sa trading at investments. Inirebolusyon nila ang online trading experience gamit ang visual news at sentiment tools, at patuloy na nangunguna sa merkado sa pamamagitan ng alpha-generating alternative data at highly engaging trading tools gamit ang pinakabagong AI research at technology.
Read More
