{"id":301028,"date":"2024-05-13T21:20:51","date_gmt":"2024-05-13T15:50:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=301028"},"modified":"2024-05-13T21:20:51","modified_gmt":"2024-05-13T15:50:51","slug":"climbs-yet-remain-contained-below-1-2600-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/climbs-yet-remain-contained-below-1-2600-crypto-news\/","title":{"rendered":"Climbs yet remain contained below 1.2600 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>GBP\/USD edges higher on soft US Dollar, climbs above 200-DMA.<\/strong><\/li>\n<li><strong>If buyers reclaim 1.2600, look for a test of 1.2700 in the near term.<\/strong><\/li>\n<li><strong>Once the pair tumbles below 1.2500, look for a drop toward 1.2445 and 1.2299.<\/strong><\/li>\n<\/ul>\n<p>The <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\" data-fxs-autoanchor=\"\">Pound Sterling<\/a> gains traction against the US Dollar and climbs above the 200-day moving average (DMA) of 1.2541 in early trading during the North American session. At the time of writing, the GBP\/USD trades at 1.2566, up by 0.36%.<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD Price Analysis: Technical outlook<\/h2>\n<p>The GBP\/USD is currently uncertain, showing a neutral bias. It is unable to decisively continue trending up and push above the May 3 high at 1.2634, the latest cycle high. Once cleared, that could exacerbate a rally toward the April 9 high at 1.2709 before challenging the psychological 1.2800 figure.<\/p>\n<p>On the other hand, a bearish resumption is most likely once sellers\u2019 step in and breach below the 200-DMA and 1.2500. If those two levels are taken out, the next support emerges at 1.2445 the May 9 low, followed by the April 22 low of 1.2299.<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD Price Action \u2013 Daily Chart<\/h2>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638512094599996125.png\"><\/a><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD edges higher on soft US Dollar, climbs above 200-DMA. If buyers reclaim 1.2600, look for a test of 1.2700 in the near term. Once the pair tumbles below 1.2500, look for a drop toward 1.2445 and 1.2299. The Pound Sterling gains traction against the US Dollar and climbs above the 200-day moving average (DMA) [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,641,255,250,277,252,247,253,249,308,256,254],"class_list":["post-301028","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-majors","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\/301028","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=301028"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/301028\/revisions"}],"predecessor-version":[{"id":301033,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/301028\/revisions\/301033"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/8137"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=301028"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=301028"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=301028"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}