UBS predicts that the GBPUSD currency pair currently at 1.21336 has found strong support at 1.19 and is projected to reach a high of 1.26.

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GBPUSD Chart by TradingView

Sterling has underperformed in recent sessions. Economists at UBS analyze GBP outlook.

See: GBP/USD could consolidate back above 1.27 by year-end – ANZ

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