The door is likely to be open for the GBPUSD to test the 1.2800 level, according to UOB.

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GBPUSD Chart by TradingView

Further upside could prompt GBP/USD to revisit the 1.2800 region in the next few weeks, suggest UOB Group’s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang.

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