UOB analysts believe that the pound will continue to fluctuate in the short term, but downward pressure may increase. If the pound fails to break through the key resistance level of 1.3125, a further decline is likely. Although 1.3000 has strong support, it is unlikely that this level will be reached in the short term. Technical analysis shows that the pound lacks obvious strong momentum in the short term, and the price may fluctuate within a narrow range. If the pound continues to stay below 1.3090, it may fall further to around 1.3070. However, with strong support at 1.3000, a sharp fall in the pound is less likely.

UOB analysts believe that the pound will continue to fluctuate in the short term, but downward pressure may increase. If the pound fails to break through the key resistance level of 1.3125, a further decline is likely. Although 1.3000 has strong support, it is unlikely that this level will be reached in the short term. Technical analysis shows that the pound lacks obvious strong momentum in the short term, and the price may fluctuate within a narrow range. If the pound continues to stay below 1.3090, it may fall further to around 1.3070. However, with strong support at 1.3000, a sharp fall in the pound is less likely.