The British Pound (GBP) maintains a steady tone against the US Dollar (USD), with analysts at UOB Group expecting the pair to edge higher in the coming sessions, trading within a defined range.

In the short term, GBP/USD is likely to fluctuate between 1.3130 and 1.3190, after a mild advance to 1.3191 earlier this week. Despite the recent uptick, upward momentum remains modest, suggesting continued range-bound trading in the near term.

Over the next one to three weeks, analysts Quek Ser Leang and Peter Chia note that the recent phase of weakness has ended, with the Pound likely to recover further — though gains will probably stay contained within 1.3065–1.3230.

The pair’s outlook remains cautiously bullish, supported by stable market sentiment and diminishing selling pressure. Traders are likely to await fresh catalysts before committing to a directional move.