Sweden Manufacturing PMI increased to 60.5 in October from previous 58.1

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note GBP/USD trading around 1.3390 after a sharp rise and subsequent pullback. In the short term, the British Pound (GBP) is expected to range between 1.3360 and 1.3420. Over 1–3 weeks, price action highlights 1.3435 as a key resistance, with a sustained advance only likely above this level while strong support at 1.3330 underpins the broader constructive bias.