FXStreet – The UOB Group team of Analysts declared that the Cable in the Range of 1,2830-1,3000 short-term stays neutral.
“The GBP continues to trade in the neutral Phase, which was started more than two weeks.”
“Currently, there is no evidence that the GBP from this Range break out and so we expect a trade between 1,2830 and 1,1300.”
“We look forward, so a breakout is upwards in the range of the possible, but the prospects are positive, the closing price is a Day on 1,2960 necessary.”
** FXStreet News Editorial, FXStreet**