{"id":286971,"date":"2024-04-21T09:25:15","date_gmt":"2024-04-21T03:55:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=286971"},"modified":"2024-04-21T09:25:15","modified_gmt":"2024-04-21T03:55:15","slug":"pound-sterling-drops-after-mixed-uk-retail-sales-risk-aversion-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/pound-sterling-drops-after-mixed-uk-retail-sales-risk-aversion-crypto-news\/","title":{"rendered":"Pound Sterling drops after mixed UK retail sales, risk aversion &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD drops after mixed UK retail sales, risk aversion<\/h2>\n<div>The Pound Sterling tumbles against the US Dollar during the mid-North American session after a volatile trading day due to an escalation of the Israel-Iran conflict. Major central bank speakers led by the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/boe\">Bank of England<\/a>\u00a0(BoE) and the Federal Reserve (Fed), continued to set the tone for the financial markets. The GBP\/USD trades at 1.2376, down 0.48%. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-drops-after-mixed-uk-retail-sales-risk-aversion-202404191715\">Read More&#8230;<\/a><\/div>\n<div><\/div>\n<p><h2 class=\"fxs_headline_medium\">Pound Sterling rebounds as fears of Middle East tensions escalating further ease<\/h2>\n<\/p>\n<div>The Pound Sterling (GBP) finds a temporary support near almost five-month low around 1.2400 against the US Dollar in Friday\u2019s early American\u00a0session. The US Dollar Index (DXY) struggles to sustain above the crucial support of 106.00\u00a0despite\u00a0Federal Reserve (Fed) policymakers maintaining hawkish guidance on interest rates. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-finds-support-though-risk-off-mood-keeps-downside-bias-intact-202404190718\">Read More&#8230;<\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/_GBP_USD_2024-04-19_16-15-00-638491203911725672.png\" \/><\/div>\n<p><h2 class=\"fxs_headline_medium\">GBP\/USD remains on the defensive below 1.2450 ahead of UK Retail Sales data<\/h2>\n<\/p>\n<div>The\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">GBP\/USD pair<\/a>\u00a0remains on the defensive near 1.2430 during the early Asian session on Friday. The downtick of the\u00a0major\u00a0pair is backed by the stronger US Dollar (USD) as the\u00a0strong\u00a0US economic data and hawkish remarks from the Federal Reserve (Fed) officials have triggered the speculation that the US central bank will delay interest rate cuts to September. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-remains-on-the-defensive-below-12450-ahead-of-uk-retail-sales-data-202404190041\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD drops after mixed UK retail sales, risk aversion The Pound Sterling tumbles against the US Dollar during the mid-North American session after a volatile trading day due to an escalation of the Israel-Iran conflict. Major central bank speakers led by the\u00a0Bank of England\u00a0(BoE) and the Federal Reserve (Fed), continued to set the tone for [&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":[201,248,251,246,257,641,255,250,252,247,253,791,249,308,256,254],"class_list":["post-286971","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-retailsales","tag-safe-moon","tag-technical-analysis","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/286971","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=286971"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/286971\/revisions"}],"predecessor-version":[{"id":286973,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/286971\/revisions\/286973"}],"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=286971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=286971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=286971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}