GBP/SGD: Modest downside – ANZ

GBP/SGD is heading lower but still in a range, economists at  ANZ Bank apprise.

Key quotes

“The 1.66-1.83 range will continue to be a good guide for sellers and buyers.” 

“For sellers, the 1.80 area is toppish. For buyers, the fall toward 1.70 is a good level to accumulate GBP/SGD.”