Pound Surges Toward 1.3600 Cap as Uptrend Remains Intact

According to UOB's Quek Ser Leang, the British Pound (GBP) has invalidated a recent neutral call by breaking above 1.3555 and closing higher near 1.3532.

Intraday, GBP may extend toward 1.3570, with 1.3600 as firm resistance.

Over the next 1-3 weeks, the upside bias remains intact while above 1.3495, though gains are expected to stall near 1.3600.