{"id":349766,"date":"2024-07-22T23:51:57","date_gmt":"2024-07-22T18:21:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=349766"},"modified":"2024-07-22T23:51:57","modified_gmt":"2024-07-22T18:21:57","slug":"gbp-usd-subdued-hovers-around-1-2900-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-subdued-hovers-around-1-2900-crypto-news\/","title":{"rendered":"GBP\/USD subdued hovers around 1.2900 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD Price Analysis: Subdued hovers around 1.2900<\/h2>\n<div>\n<p>The\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Pound Sterling<\/a>\u00a0begins the week virtually flat against the Greenback on Monday, trading at around 1.2910 after hitting a daily high of 1.2942.<\/p>\n<p>Over the weekend, political developments in the US saw President Joe\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/macroeconomics\/events\/election-us\">Biden<\/a>\u00a0drop out of the presidential race and endorse Vice-President Kamala Harris. The effects are pending to be felt by the Forex markets, though Wall Street recovers ground. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-price-analysis-subdued-hovers-around-12900-202407221509\">Read More&#8230;<\/a><\/p>\n<\/p>\n<h2 class=\"fxs_headline_medium\">Pound Sterling drops as US Dollar recovers, BoE rate-cut bets swell<\/h2>\n<\/div>\n<div>The Pound Sterling (GBP) falls to near the round-level support of 1.2900\u00a0against the US Dollar (USD) in Monday\u2019s American\u00a0session. The near-term\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">outlook<\/a>\u00a0of the GBP\/USD pair has become uncertain after a corrective move from an annual high of 1.3044 recorded last Wednesday. The Cable faced selling pressure as improved speculation for Donald Trump winning United States (US) presidential elections this year prompted the US Dollar\u2019s appeal. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-remains-on-defensive-as-poor-uk-retail-sales-prompt-boe-rate-cut-bets-202407220742\">Read More&#8230;<\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/_GBP_USD_2024-07-22_13-08-42-638572308537260846.png\" \/><\/div>\n<p><h2 class=\"fxs_headline_medium\">GBP\/USD Price Analysis: Holds position above 1.2900; next support at 14-day EMA<\/h2>\n<\/p>\n<div><a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">GBP\/USD<\/a>\u00a0breaks its two-day losses, trading around 1.2920 in Monday&#8217;s Asian session. The analysis of the daily\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/chart\">chart<\/a>\u00a0shows the pair lies within an ascending channel, signaling a bullish trend in the pair&#8217;s price movements. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-price-analysis-holds-position-above-12900-next-support-at-14-day-ema-202407220502\">Read More&#8230;<\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/image-638572211981961686.png\" \/><\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD Price Analysis: Subdued hovers around 1.2900 The\u00a0Pound Sterling\u00a0begins the week virtually flat against the Greenback on Monday, trading at around 1.2910 after hitting a daily high of 1.2942. Over the weekend, political developments in the US saw President Joe\u00a0Biden\u00a0drop out of the presidential race and endorse Vice-President Kamala Harris. The effects are pending to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":6541,"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-349766","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\/349766","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=349766"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349766\/revisions"}],"predecessor-version":[{"id":349772,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/349766\/revisions\/349772"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/6541"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=349766"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=349766"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=349766"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}