{
  "id": 5031791,
  "title": "British Pound: Downside risk toward 1.3480 against US Dollar – UOB",
  "url": "https://urgent.news/2026/09/02/british-pound-downside-risk-toward-1-3480-against-us-dollar-uob",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T06:19:47.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/british-pound-downside-risk-toward-13480-against-us-dollar-uob-202609020619"
  },
  "original_language": "en",
  "account": "UOB analysts Quek Ser Leang and Lee Sue Ann predict the British Pound (GBP) will trend lower against the US Dollar (USD), with potential tests of 1.3500 and a major support level at 1.3480. If the GBP price remains below 1.3545, they foresee a bearish bias, with 1.3480 as the key downside level unless the 1.3570 resistance barrier is broken in the next 1-3 weeks. Currently, GBP traded between 1.3531 and 1.3565 over the past two days and closed near 1.3549, slightly up. Instead of forming a range, GBP declined to a low of 1.3507, signalling downward momentum. For the next few weeks, the focus remains on the downside risk, with GBP expected to trade with a downside bias and test the 1.3480 support level, while maintaining a minor resistance at 1.3530.",
  "summary": "UOB’s Quek Ser Leang and Lee Sue Ann note GBP/USD broke below its anticipated intraday range, dropping to 1.3507 as downside momentum starts to build. Intraday, they expect a bearish bias with potential tests of 1.3500 and the major 1.3480 support, provided prices stay below 1.3545.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "British Pound drops as US Dollar strengthens on rising US yields, higher oil prices",
        "url": "https://urgent.news/2026/09/02/british-pound-drops-as-us-dollar-strengthens-on-rising-us-yields",
        "published": "2026-09-02T01:02:31.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}