{"id":271424,"date":"2024-03-26T01:15:58","date_gmt":"2024-03-25T19:45:58","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=271424"},"modified":"2024-03-26T01:15:58","modified_gmt":"2024-03-25T19:45:58","slug":"pound-sterling-recovers-amid-rate-cut-rumblings-in-the-uk-and-us-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pound-sterling-recovers-amid-rate-cut-rumblings-in-the-uk-and-us-crypto-news\/","title":{"rendered":"Pound Sterling recovers amid rate cut rumblings in the UK and US &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD recovers amid rate cut rumblings in the UK and US<\/h2>\n<div>The Pound Sterling stages a mild recovery against the US Dollar in the mid-North American session, as the Greenback remains offered amid speculations the Federal Reserve would cut\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/rates\">rates<\/a>\u00a0in June. At the time of writing, the GBP\/USD trades at 1.2639. gains 0.32%. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-recovers-amid-rate-cut-rumblings-in-the-uk-and-us-202403251835\">Read More&#8230;<\/a><\/div>\n<div><\/div>\n<p><h2 class=\"fxs_headline_medium\">GBP\/USD gets a pick-me-up after last week\u2019s heavy selling<\/h2>\n<\/p>\n<div><a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">GBP\/USD<\/a>\u00a0saw a fillip on Monday, rising by almost four tenths of a percent to the mid 1.2600s on a mixture of better-than-expected UK retail sales data, profit taking after the recent steep sell-off and the US Dollar (USD) being broadly sold following intervention by authorities to prop up their currencies in Asia. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-gets-a-pick-me-up-after-last-weeks-heavy-selling-202403251507\">Read More&#8230;<\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/GB_Cbi_Distributive_Trades-638469762923392601.png\" \/><\/div>\n<p><h2 class=\"fxs_headline_medium\">GBP\/USD rebounds on subdued US Dollar, inches higher to near 1.2600<\/h2>\n<\/p>\n<div>GBP\/USD snaps a two-day losing streak, retracing recent losses and trading near 1.2600 during the early European session on Monday. The decline in the US Dollar (USD) appears to be the catalyst underpinning\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">the GBP\/USD pair<\/a>. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-rebounds-on-subdued-us-dollar-inches-higher-to-near-12600-202403250800\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD recovers amid rate cut rumblings in the UK and US The Pound Sterling stages a mild recovery against the US Dollar in the mid-North American session, as the Greenback remains offered amid speculations the Federal Reserve would cut\u00a0rates\u00a0in June. At the time of writing, the GBP\/USD trades at 1.2639. gains 0.32%. Read More&#8230; GBP\/USD [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":7348,"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-271424","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\/271424","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=271424"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271424\/revisions"}],"predecessor-version":[{"id":271426,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/271424\/revisions\/271426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/7348"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=271424"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=271424"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=271424"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}