{"id":112624,"date":"2023-06-22T20:13:24","date_gmt":"2023-06-22T20:13:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-usd-dives-following-unexpected-boe-rate-hike-crypto-news\/"},"modified":"2023-06-22T20:13:26","modified_gmt":"2023-06-22T20:13:26","slug":"gbp-usd-dives-following-unexpected-boe-rate-hike-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-dives-following-unexpected-boe-rate-hike-crypto-news\/","title":{"rendered":"GBP\/USD dives following unexpected BoE rate hike\n – Crypto News"},"content":{"rendered":"

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GBP\/USD extended its losses after hitting a daily high of 1.2841 after the Bank of England (BoE) surprised the markets by hiking rates 50 bps but failed to underpin the Pound Sterling<\/a> (GBP). Late in the New York session, the GBP\/USD is trading at 1.2735, down 0.26%. Read More…<\/a><\/p>\n<\/p>\n<\/div>\n

The pound Sterling<\/a> (GBP) has faced selling pressure as the ultra-hawkish interest rate decision<\/a> by the Bank of England<\/a> (BoE) is going to impact economic activities. The GBP\/USD pair has dropped as BOE<\/a> Governor Andrew Bailey has surprisingly raised interest rates by 50 basis points to 5% considering the severe persistence in United Kingdom inflation. Read More…<\/a><\/div>\n<\/p>\n
GBP\/USD<\/a> is now seen trading within 1.2650-1.2850 for the time being, suggest Markets Strategist Quek Ser Leang and Senior Economist Alvin Liew at UOB Group. Read More….<\/a><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Share: GBP\/USD extended its losses after hitting a daily high of 1.2841 after the Bank of England (BoE) surprised the markets by hiking rates 50 bps but failed to underpin the Pound Sterling (GBP). Late in the New York session, the GBP\/USD is trading at 1.2735, down 0.26%. Read More… The pound Sterling (GBP) has […]<\/p>\n","protected":false},"author":2,"featured_media":9633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,712,248,251,246,257,641,255,250,333,252,247,253,249,256,254],"class_list":["post-112624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-boe","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gbpusd","tag-gta","tag-looks-rare","tag-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/112624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=112624"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/112624\/revisions"}],"predecessor-version":[{"id":112625,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/112624\/revisions\/112625"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/9633"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=112624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=112624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=112624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}