<\/p>\n
\n Share:<\/span><\/p>\n In the absence of high-impact data releases, GBP\/USD benefited from the risk-positive market atmosphere on Monday and climbed toward 1.2200. <\/strong>The pair lost its traction early Tuesday amid renewed US Dollar (USD) strength and declined to the 1.2150 area.\u00a0Read more…<\/a><\/p>\n <\/a><\/p>\n Economist Lee Sue Ann and Markets Strategist Quek Ser at UOB Group suggest GBP\/USD is now seen trading within the 1.2085-1.2240<\/strong> band in the next weeks.\u00a0Read more…<\/a><\/p>\n GBP\/USD trades firmer near 1.22. Economists at Scotiabank analyze Sterling\u2019s outlook<\/a>.<\/p>\n Sterling is firm but GBP\/USD<\/a> gains are struggling against 1.22, trend resistance off the July high.<\/strong> The market pushed through this trend briefly earlier in October but needs to make clearer progress above the figure to extend.\u00a0Read more…<\/a><\/p>\n \u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" Share: GBP\/USD Forecast: Pound Sterling could struggle to find direction In the absence of high-impact data releases, GBP\/USD benefited from the risk-positive market atmosphere on Monday and climbed toward 1.2200. The pair lost its traction early Tuesday amid renewed US Dollar (USD) strength and declined to the 1.2150 area.\u00a0Read more… GBP\/USD now moved into a […]<\/p>\n","protected":false},"author":2,"featured_media":7250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,641,255,250,1430,252,247,253,249,308,256,254],"class_list":["post-184473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gbpusd","tag-gta","tag-looks-rare","tag-momentum","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184473","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=184473"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184473\/revisions"}],"predecessor-version":[{"id":184474,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/184473\/revisions\/184474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7250"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=184473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=184473"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=184473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}GBP\/USD Forecast: Pound Sterling could struggle to find direction<\/h2>\n
GBP\/USD now moved into a consolidative phase \u2013 UOB<\/h2>\n
GBP\/USD: Daily close above 1.2180 would add to momentum for deeper push above 1.22 \u2013 Scotiabank<\/h2>\n