{"id":220943,"date":"2023-12-29T23:27:27","date_gmt":"2023-12-29T17:57:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=220943"},"modified":"2023-12-29T23:27:27","modified_gmt":"2023-12-29T17:57:27","slug":"pound-looks-vulnerable-below-181-00-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pound-looks-vulnerable-below-181-00-crypto-news\/","title":{"rendered":"Pound looks vulnerable below 181.00 &#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<ul>\n<li><strong>The Sterling\u00a0is under increasing bearish pressure aiming to levels sub-180.<\/strong><\/li>\n<li><strong>Trading volume is light in the last session of the year.<\/strong><\/li>\n<li><strong>Below 180.00 the target will be October and November lows at the 178.10\/30 area.<\/strong><\/li>\n<\/ul>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Sterling<\/a> trades under increasing bearish pressure after breaking below the base of a triangle pattern, at 180.80. The frail upside attempt seen on early Friday Trading has remained limited at the mid-range of 180.00, and the pair is testing support at the 179.85 level at the moment of writing.<\/p>\n<p>Trading volume is very light on the last working day of the year, leading to choppy movement in most of the major pairs.<\/p>\n<p>Technical <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/indicators\">indicators<\/a> point lower, with the RSI well below the 50 level. Bears would need to confirm below the mentioned 179.45 which would expose the mid-December low, at 178.30, and the October 3 low, at 178.10.<\/p>\n<p>On the upside, a bullish reaction above the reverse trendline, now at 181.00 would ease downside pressure and put the 182.35 resistance level back into play.<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/JPY 4-hour chart<\/h2>\n<h2 class=\"fxs_headline_medium\">Technical levels to watch<\/h2>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Sterling\u00a0is under increasing bearish pressure aiming to levels sub-180. Trading volume is light in the last session of the year. Below 180.00 the target will be October and November lows at the 178.10\/30 area. The Sterling trades under increasing bearish pressure after breaking below the base of a triangle pattern, at 180.80. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,276,409,255,250,252,247,253,249,308,256,254],"class_list":["post-220943","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-currencies","tag-gbpjpy","tag-gta","tag-looks-rare","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\/220943","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=220943"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/220943\/revisions"}],"predecessor-version":[{"id":220945,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/220943\/revisions\/220945"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7199"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=220943"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=220943"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=220943"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}