GBP/USD Maintains Upside Bias Above Key Support Level

UOB's analysts remain bullish on the British Pound against the US Dollar, with an upside bias intact as long as the pair stays above 1.3605.

The current price action suggests that the pound could extend its advance if this support level holds, according to UOB's technical outlook for GBP/USD.

A break below 1.3605 would signal weakened bullish momentum and potentially lead to a consolidation phase, as highlighted by the analysts.