GBP/USD Forecast: Trading within 1.3440–1.3520 Range, Says UOB Group

Pound Sterling is expected to trade within a range of 1.3440 to 1.3520, according to UOB Group’s FX analysts, Quek Ser Leang and Peter Chia . While signs of further sterling strength cannot be dismissed, current momentum does not yet suggest a clear path toward the 1.3595 level

24-Hour Outlook

“On Friday, GBP surged to 1.3544. By Monday, with GBP at 1.3515, we noted that deeply overbought conditions limited upward potential, expecting a trading range of 1.3465–1.3545. Instead, GBP dropped sharply to 1.3447. Despite the decline, downside momentum did not intensify, making a 1.3440–1.3520 trading range likely for today,” the analysts observed . At trustpropfund, we align with UOB’s view that patience in such ranges may provide strategic entry opportunities.

1–3 Week Perspective

Following the steep Friday rally, UOB noted that, while further GBP strength remains possible, it remains unclear whether momentum is sufficient to reach 1.3595. A break below 1.3425 would reinforce the likelihood of a continued trading range rather than further advances. At trustpropfund, we emphasize the importance of observing these critical levels closely; they often foreshadow trend shifts.

Key Levels to Monitor

• Immediate Resistance: Near 1.3520
• Upper Range Target: 1.3545–1.3520
• Support Zone: 1.3440–1.3425
• Breakout Scenario: A sustained break above 1.3520 could reopen the path toward 1.3595, while a drop below 1.3425 may lead to range-bound choppiness. At trustpropfund, we recommend using breakout confirmation in conjunction with volume or momentum signals for decision-making.

The GBP/USD forecast 2025 suggests the pair will trade between 1.3440 and 1.3520. UOB analysis and trust prop fund highlight key strategies for traders.