UBS revises higher its forecast for GBP/USD in 1H 2023 | Forexlive

• 1.19 by the end of March (previously 1.16)
• 1.23 by the end of June (previously 1.21)
• 1.24 by the end of September (unchanged)
• 1.30 by the end of December (unchanged)

For some context, the pair is now trading at roughly 1.2400 and with the dollar in a precarious spot, it might be poised for a further upside break as outlined here. Or so at least that is what the technicals are suggesting.