{"id":352890,"date":"2024-07-26T21:32:27","date_gmt":"2024-07-26T16:02:27","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=352890"},"modified":"2024-07-26T21:32:27","modified_gmt":"2024-07-26T16:02:27","slug":"bulls-strife-to-test-the-1-2925-resistance-scotibank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bulls-strife-to-test-the-1-2925-resistance-scotibank-crypto-news\/","title":{"rendered":"Bulls strife to test the 1.2925 resistance \u2013 Scotibank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>The Pound Sterling (GBP) has nudged a little higher in quiet Asian and European trade after closing on the lows yesterday, Scotiabank\u2019s Chief FX Strategist Shaun Osborne notes.<\/p>\n<h2 class=\"fxs_headline_medium\">Next resistance is at 1.2925<\/h2>\n<p>\u201cWith little data to cue off of and calmer market conditions prevailing in stocks, GBP has benefited from some light short covering demand into the weekend.\u201d<\/p>\n<p>\u201cSterling is consolidating in a tight trading range. Moderate gains on the session so far are corrective but may only mark a pause in the GBP\u2019s slide before losses resume.\u201d<\/p>\n<p>\u201cCable\u2019s closing break of retracement support at 1.2879 yesterday suggests more weakness\u2014potentially to the 1.2775\/1.2825 range\u2014is the most likely course for the pound at the moment. Resistance is 1.2925.\u201d<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Sterling (GBP) has nudged a little higher in quiet Asian and European trade after closing on the lows yesterday, Scotiabank\u2019s Chief FX Strategist Shaun Osborne notes. Next resistance is at 1.2925 \u201cWith little data to cue off of and calmer market conditions prevailing in stocks, GBP has benefited from some light short covering [&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-352890","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\/352890","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=352890"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352890\/revisions"}],"predecessor-version":[{"id":352892,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/352890\/revisions\/352892"}],"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=352890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=352890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=352890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}