{"id":350193,"date":"2024-07-23T14:59:01","date_gmt":"2024-07-23T09:29:01","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=350193"},"modified":"2024-07-23T15:00:11","modified_gmt":"2024-07-23T09:30:11","slug":"to-test-1-2905-in-short-term-uob-group-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/to-test-1-2905-in-short-term-uob-group-crypto-news\/","title":{"rendered":"To test 1.2905 in short-term \u2013 UOB Group &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>The Pound Sterling (GBP) is expected to consolidate in a range of 1.2905\/1.2955, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes.<\/p>\n<h2 class=\"fxs_headline_medium\">Rangebound within 1.2905\/1.2955<\/h2>\n<p>24-HOUR VIEW: \u201cWe indicated yesterday that \u2018there is scope for GBP to rebound, but any advance is unlikely to reach 1.2980.\u2019 We also indicated that \u2018support levels are at 1.2920 and 1.2905.\u2019 Our expectations did not materialise as GBP traded in a relatively quiet manner between 1.2905 and 1.2942, closing slightly higher at 1.2931 (+0.15%). The price action appears to be consolidative, and today, we expect GBP to trade in a range of 1.2905\/1.2955.\u201d<\/p>\n<p>1-3 WEEKS VIEW: \u201cWe continue to hold the same view as last Friday (19 Jul, spot at 1.2950). As highlighted, the recent advance in GBP has come to an end. GBP appears to have entered a consolidation phase, and it is likely to trade between 1.2850 and 1.3020 for the time being.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Sterling (GBP) is expected to consolidate in a range of 1.2905\/1.2955, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann notes. Rangebound within 1.2905\/1.2955 24-HOUR VIEW: \u201cWe indicated yesterday that \u2018there is scope for GBP to rebound, but any advance is unlikely to reach 1.2980.\u2019 We also indicated that \u2018support levels [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":4596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,641,255,250,252,247,253,249,308,256,254],"class_list":["post-350193","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","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\/350193","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=350193"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/350193\/revisions"}],"predecessor-version":[{"id":350200,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/350193\/revisions\/350200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/4596"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=350193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=350193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=350193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}