{"id":176181,"date":"2023-10-18T03:24:14","date_gmt":"2023-10-17T21:54:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176181"},"modified":"2023-10-18T03:24:14","modified_gmt":"2023-10-17T21:54:14","slug":"gbp-usd-dips-below-1-2200-amid-uk-wage-deceleration-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-dips-below-1-2200-amid-uk-wage-deceleration-crypto-news\/","title":{"rendered":"GBP\/USD dips below 1.2200 amid UK wage deceleration &#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<div>The Pound Sterling (GBP) remains on the defensive vs. the US Dollar (USD) after data from the United Kingdom showed wages are decelerating. That and a solid Retail Sales report in the United States (US) weighed on Sterling. Therefore, the GBP\/USD dipped below 1.2200, a loss of 0.25%. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-dips-below-12200-amid-uk-wage-deceleration-strong-us-retail-sales-202310171930\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<div>The Pound Sterling (GBP) rebounded as investors digested the\u00a0soft wage data, which\u00a0dampened the outlook for consumer spending and increased the chances\u00a0of another pause by the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/boe\">Bank of England<\/a>\u00a0(BoE) at its November\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">monetary policy<\/a>\u00a0meeting. The GBP\/USD pair remains on the back foot after stronger-than-expected US Retail Sales data added to evidence of strength in the US economy, lifting the US Dollar (USD) and weighing on the pair. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-comes-under-pressure-after-soft-labor-earnings-data-202310170649\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<div>GBP\/USD retraces the recent gains registered in the previous session, trading lower around 1.2200 during the Asian session on Tuesday. The pair moves in consolidation possibly due to the market indecision about the trajectory of the US Federal Reserve&#8217;s (Fed) monetary policy. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-aims-to-recover-from-losses-near-10630-focus-on-uk-cpi-202310170326\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Pound Sterling (GBP) remains on the defensive vs. the US Dollar (USD) after data from the United Kingdom showed wages are decelerating. That and a solid Retail Sales report in the United States (US) weighed on Sterling. Therefore, the GBP\/USD dipped below 1.2200, a loss of 0.25%. Read More&#8230; \u00a0 The Pound Sterling [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,605,246,257,641,255,250,252,247,253,249,256,254],"class_list":["post-176181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","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\/176181","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=176181"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176181\/revisions"}],"predecessor-version":[{"id":176182,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176181\/revisions\/176182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/4596"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}