According to Credit Suisse, it is expected that the support at 1.2762, which has been confirmed by the uptrend observed since September, will remain intact for GBPUSD at 1.28181.

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GBPUSD Chart by TradingView

GBP/USD is expected to see a deeper setback yet, but with support from the uptrend from last September at 1.2762 ideally holding, analysts at Credit Suisse report.

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