The GBPUSD currency pair, currently trading at 1.21341, continues to closely monitor the level of 1.2100, according to UOB.

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GBPUSD Chart by TradingView

Markets Strategist Quek Ser Leang and Senior FX Strategist Peter Chia at UOB Group note GBP/USD could weaken further and revisit the 1.2100 region.

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