According to UOB, the GBPUSD pair at the current level of 1.26123 is now potentially exposed to possible declines in the future.

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GBPUSD Chart by TradingView

Economist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group suggest GBP/USD is predicted to meet a tough support around 1.2545 ahead of 1.2500.

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