{"id":358350,"date":"2024-09-29T11:13:09","date_gmt":"2024-09-29T05:43:09","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=358350"},"modified":"2024-09-29T11:13:09","modified_gmt":"2024-09-29T05:43:09","slug":"gbp-usd-drops-from-yearly-peak-amid-soft-us-dollar-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-drops-from-yearly-peak-amid-soft-us-dollar-crypto-news\/","title":{"rendered":"GBP\/USD drops from yearly peak amid soft US Dollar &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD Price Forecast: Drops\u00a0from yearly peak amid soft US Dollar<\/h2>\n<div>The Pound Sterling registered minuscule losses against the Greenback, yet it remains close to two-year peak levels on Friday. The US Bureau of Economic\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/analysis\">Analysis<\/a>\u00a0revealed that inflation is about to hit the Fed\u2019s 2% target. At the time of writing, the GBP\/USD trades at 1.3403, down 0.08%. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-price-forecast-drops-from-yearly-peak-amid-soft-us-dollar-202409271521\">Read More&#8230;<\/a><\/div>\n<div><\/div>\n<p><h2 class=\"fxs_headline_medium\">Pound Sterling reclaims 1.3400 on soft US PCE inflation<\/h2>\n<\/p>\n<div>The Pound Sterling (GBP) recovers sharply above\u00a0the round-level resistance of 1.3400 against the\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a>\u00a0(USD) in Friday\u2019s North American\u00a0session. The\u00a0GBP\/USD pair gains strength after the release of the United States (US) Personal Consumption Expenditure\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\">Price Index<\/a>\u00a0(PCE) data for August, which showed that price pressures grew at a slower-than expected pace. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-rally-stalls-near-13400-with-us-pce-inflation-as-next-catalyst-202409270747\">Read More&#8230;<\/a><\/div>\n<div><img decoding=\"async\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/_GBP_USD_2024-09-27_12-35-16-638630200002310836.png\" \/><\/div>\n<p><h2 class=\"fxs_headline_medium\">GBP\/USD retreats from its highest level since March 2022, slips below 1.3400 mark<\/h2>\n<\/p>\n<div>\n<p>The GBP\/USD pair drifts lower during the Asian session on Friday and moves away from its highest levels since March 2022, around the 1.3435 region touched the previous day. Spot prices slide below the 1.3400 mark in the last hour amid a modest\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">US Dollar<\/a>\u00a0(USD) uptick, though any meaningful corrective decline still seems elusive. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-retreats-from-its-highest-level-since-march-2022-slips-below-13400-mark-202409270319\">Read More&#8230;<\/a><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD Price Forecast: Drops\u00a0from yearly peak amid soft US Dollar The Pound Sterling registered minuscule losses against the Greenback, yet it remains close to two-year peak levels on Friday. The US Bureau of Economic\u00a0Analysis\u00a0revealed that inflation is about to hit the Fed\u2019s 2% target. At the time of writing, the GBP\/USD trades at 1.3403, down [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":15556,"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-358350","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\/358350","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=358350"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/358350\/revisions"}],"predecessor-version":[{"id":358358,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/358350\/revisions\/358358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/15556"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=358350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=358350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=358350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}