{"id":262321,"date":"2024-03-10T09:20:23","date_gmt":"2024-03-10T03:50:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=262321"},"modified":"2024-03-10T09:20:23","modified_gmt":"2024-03-10T03:50:23","slug":"pound-sterling-rallies-as-sluggish-us-wage-data-improves-market-mood-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pound-sterling-rallies-as-sluggish-us-wage-data-improves-market-mood-crypto-news\/","title":{"rendered":"Pound Sterling rallies as sluggish US wage data improves market mood &#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><a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">The Pound<\/a>\u00a0Sterling (GBP) strengthens in Friday\u2019s early American\u00a0session as\u00a0the risk appetite of market participants improves. The appeal for risk-sensitive assets firms after the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\/united-states\">United States<\/a>\u00a0Bureau of Labor Statistics (BLS) reported that wage growth remains soft and the Unemployment Rate rises sharply in February. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-holds-strength-against-us-dollar-on-firm-fed-rate-cut-bets-for-june-202403080905\">Read More&#8230;<\/a><\/div>\n<div><\/div>\n<div>GBP\/USD seems to continue its winning streak that began on March 1, hovering around 1.2810 during the Asian session on Friday. The GBP\/USD pair receives upward support as the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a>\u00a0(USD) faces challenges on improved risk appetite amid lower US Treasury yields. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-price-analysis-appreciates-to-near-12810-followed-by-decembers-high-202403080503\">Read More&#8230;<\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/_GBP_USD_2024-03-08_10-25-42-638454709276200486.png\" \/><\/div>\n<div>The GBP\/USD pair holds ground above the 1.2800 psychological barrier during the early Asian trading hours on Friday. The selling pressure in the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a>\u00a0(USD) provides some support to the major pair. The highlight on Friday will be the US labor market data for February. GBP\/USD currently trades around 1.2810, up 0.01% on the day. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-clinches-fresh-2024-highs-above-12800-ahead-of-us-nfp-data-202403072346\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Share: The Pound\u00a0Sterling (GBP) strengthens in Friday\u2019s early American\u00a0session as\u00a0the risk appetite of market participants improves. The appeal for risk-sensitive assets firms after the\u00a0United States\u00a0Bureau of Labor Statistics (BLS) reported that wage growth remains soft and the Unemployment Rate rises sharply in February. Read More&#8230; GBP\/USD seems to continue its winning streak that began on [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,641,255,250,252,247,253,249,308,256,254],"class_list":["post-262321","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-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\/262321","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=262321"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262321\/revisions"}],"predecessor-version":[{"id":262323,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/262321\/revisions\/262323"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6643"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=262321"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=262321"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=262321"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}