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GBP/USD Ticks Below Key Floor Amid Tentative Downside Momentum

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GBP
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United Overseas Bank's (UOB) analysts Quek Ser Leang and Lee Sue Ann highlighted tentative downside momentum in GBP/USD after the pair slipped to 1.3322 and closed at 1.3342.

The support level of 1.3300 is considered major, and they judge it potentially hard to break.

On a multi-week horizon, they flag the July low at 1.3274 as the next level if bearish momentum extends.

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