{"id":156924,"date":"2023-09-16T05:16:29","date_gmt":"2023-09-15T23:46:29","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=156924"},"modified":"2023-09-16T05:16:29","modified_gmt":"2023-09-15T23:46:29","slug":"bullish-gbp-sentiment-is-weakening-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bullish-gbp-sentiment-is-weakening-scotiabank-crypto-news\/","title":{"rendered":"Bullish GBP sentiment is weakening \u2013 Scotiabank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>\n                        <span class=\"fxs_socialmedia_bar_share_label\">Share:<\/span><\/p>\n<p>The Pound has retreated from their mid-year highs against the USD. Economists at Scotiabank analyze GBP\u2019s <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>.<\/p>\n<h2 class=\"fxs_headline_medium\">Sentiment and technical signals tilt bearish<\/h2>\n<blockquote>\n<p>Technical signals are leaning bearish after GBP\/USD broke below bull trend support in the 1.28 area at the start of August.<\/p>\n<\/blockquote>\n<blockquote>\n<p>Investors are concerned that high BoE policy rates will crush growth but recent data revisions have shown the UK economy to be much stronger and more resilient than previously believed.\u00a0<\/p>\n<\/blockquote>\n<blockquote>\n<p>Markets are pricing in significantly less BoE rate easing ahead than the Fed or ECB which may cushion GBP losses.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Pound has retreated from their mid-year highs against the USD. Economists at Scotiabank analyze GBP\u2019s outlook. Sentiment and technical signals tilt bearish Technical signals are leaning bearish after GBP\/USD broke below bull trend support in the 1.28 area at the start of August. Investors are concerned that high BoE policy rates will crush [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":10256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,712,248,251,246,257,641,255,250,252,247,253,249,784,256,254],"class_list":["post-156924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-boe","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gbpusd","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-unitedkingdom","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156924","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=156924"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156924\/revisions"}],"predecessor-version":[{"id":156925,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/156924\/revisions\/156925"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/10256"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=156924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=156924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=156924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}