FXStreet (Edinburgh) - According to the research team at UOB Group, the pair’s perspective keeps pointing to further downside. Key Quotes “Continue to expect a move to 1.4228 where a break could lead to acceleration lower”. “As highlighted in recent updates, despite severely oversold conditions, there are no signs that GBP is close to making a bottom”. “From here, we continue to expect a move to the 2010 low of 1.4228 and a break below this level could acceleration lower towards then next support at 1.4100”. For more information, read our latest forex news.