There is potential for more consolidation in the GBPUSD currency pair at the current level of 1.27898, according to UOB.

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There is potential for more consolidation in the GBPUSD currency pair at the current level of 1.27898, according to UOB.

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    GBP/USD is still seen navigating within the 1.2640-1.2830 range in the next weeks, according to Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group.

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