There is a possibility of increased value above 1.2700 for GBPUSD according to UOB, with further gains in the future.
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GBP/USD could still revisit 1.2900 as long as it keeps the trade above the 1.2700 yardstick, suggest UOB Group’s Markets Strategist Quek Ser Leang and Senior Economist Alvin Liew.
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