FXStreet reports that economists at OCBC Bank discuss GBP prospects.

“The GBP/USD remains broadly static towards the lower end of the recent range. Uncertainties over the reopening continue to weigh at the margins, with the UK government looking to delay the decision by another week to get more evidence. Any disappointment on this front may be short-lived, and present an opportunity to accumulate the GBP on crosses. There is scope for the Bank of England to be the next central bank to lean less dovish, especially in comparison to the Reserve Bank of Australia and the European Central Bank.”