{"id":157399,"date":"2023-09-17T08:08:32","date_gmt":"2023-09-17T02:38:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=157399"},"modified":"2023-09-17T08:08:32","modified_gmt":"2023-09-17T02:38:32","slug":"pound-sterling-price-news-and-forecast-gbp-usd-drops-below-1-2400-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pound-sterling-price-news-and-forecast-gbp-usd-drops-below-1-2400-crypto-news\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD drops below 1.2400 – Crypto News"},"content":{"rendered":"

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The Pound Sterling (GBP) continues to weaken against the US Dollar (USD) for the second consecutive day after a tranche of positive US economic data bolstered the Greenback. Hence, the GBP\/USD is set to finish the week with losses, exchanging hands at 1.2397, below its 200-day Moving Average (DMA). Read More…<\/a><\/div>\n
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The Pound\u00a0Sterling<\/a>\u00a0(GBP) recovery fades due\u00a0to the upside risks of the global economic slowdown. The asset retreats as the broader trend is bearish due to bleak economic fundamentals. The GBP\/USD pair could resume the downside journey as the tight interest rate policy by the\u00a0Bank of England<\/a>\u00a0(BoE) has dampened the labor demand\u00a0outlook<\/a>\u00a0and has exposed the economy to a possible recession. Read More…<\/a><\/div>\n

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UOB Group\u2019s Economist Lee Sue Ann and Markets Strategist Quek Ser Leang suggest there is still room for further weakness in\u00a0GBP\/USD<\/a>\u00a0in the next few weeks. Read More…<\/a><\/div>\n

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Share: The Pound Sterling (GBP) continues to weaken against the US Dollar (USD) for the second consecutive day after a tranche of positive US economic data bolstered the Greenback. Hence, the GBP\/USD is set to finish the week with losses, exchanging hands at 1.2397, below its 200-day Moving Average (DMA). Read More… The Pound\u00a0Sterling\u00a0(GBP) recovery […]<\/p>\n","protected":false},"author":2,"featured_media":101405,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,712,248,251,605,246,257,641,255,250,252,247,253,249,256,254],"class_list":["post-157399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-boe","tag-bsc","tag-chainlink","tag-chartpatterns","tag-coin","tag-cryptocurrency","tag-gbpusd","tag-gta","tag-looks-rare","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\/157399","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=157399"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157399\/revisions"}],"predecessor-version":[{"id":157400,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157399\/revisions\/157400"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/101405"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=157399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=157399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=157399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}