**Pound Sterling Underperforms as UK Job Market Deteriorates Further**

The Pound Sterling (GBP) fell sharply against its major currency peers on Tuesday. The British currency weakened following the release of the United Kingdom (UK) labour market data for the three months ending September, which indicated a further deterioration in job market conditions.

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**GBP/USD: Likely to Edge Higher Within a Range of 1.3065 to 1.3230 – UOB Group**

According to FX analysts Quek Ser Leang and Peter Chia from UOB Group, Pound Sterling is expected to trade in a range between 1.3130 and 1.3190 in the near term. Over the longer term, the GBP is likely to edge higher, fluctuating within a broader range of 1.3065 to 1.3230.

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**GBP: Dovish Vibes from Jobs Market – ING**

This morning’s UK jobs numbers came in softer than expected, notes ING’s FX analyst Francesco Pesole. The data suggests a dovish tone for the Pound, reflecting concerns about the weakening employment landscape in the UK.
https://bitcoinethereumnews.com/finance/gbp-usd-likely-to-edge-higher-within-a-range-of-1-3065-1-3230/