{"id":362261,"date":"2025-01-29T20:52:33","date_gmt":"2025-01-29T15:22:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=362261"},"modified":"2025-01-29T20:52:33","modified_gmt":"2025-01-29T15:22:33","slug":"gbp-usd-weakens-further-as-markets-brace-for-fed-decision-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-weakens-further-as-markets-brace-for-fed-decision-crypto-news\/","title":{"rendered":"GBP\/USD weakens further as markets brace for Fed decision &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD weakens further as markets brace for Fed decision<\/h2>\n<div>\n<p>The Pound Sterling extended its losses on Wednesday as the Greenback remains firm ahead of the US Federal Reserve\u2019s monetary policy decision. An absent economic docket in the UK, except for Bank of England (BoE) Governor Andrew Bailey&#8217;s TSC hearing, could move the markets ahead of the Fed. The\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">GBP\/USD<\/a>\u00a0trades at 1.2406, down 0.27%. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-weakens-further-as-markets-brace-for-fed-decision-202501291445\">Read More&#8230;<\/a><\/p>\n<\/p>\n<h2 class=\"fxs_headline_medium\">Pound Sterling gains as UK Reeves prioritizes growth and liberalization<\/h2>\n<\/div>\n<div>\n<p>The Pound Sterling (GBP)\u00a0gains against its major peers, except safe-haven currencies such as US Dollar and Japanese Yen (JPY)\u00a0on Wednesday as United Kingdom (UK)\u00a0Chancellor of the Exchequer Rachel Reeves reiterated\u00a0Prime Minister Keir Starmer&#8217;s positive outlook on the economy, saying that\u00a0the economy is on the brisk of a \u201cturnaround\u201d\u00a0in a speech in Oxfordshire. Reeves vowed to remove &#8220;stifling and unpredictable&#8221; regulations to boost productivity. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-edges-higher-against-us-dollar-ahead-of-feds-policy-decision-202501290756\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/_GBP_USD_2025-01-29_12-55-38-638737341347147968.png\" \/><\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD holds ground near 1.2450 ahead of Fed policy decision<\/h2>\n<\/div>\n<div>\n<p>GBP\/USD remains steady after registering losses in the previous session, trading around 1.2440 during the Asian hours on Wednesday. The pair\u2019s downside could be attributed to the increased\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/sentiment\/risk-appetite\">risk aversion<\/a>\u00a0due to tariff threats made by US President Donald Trump. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-holds-ground-near-12450-ahead-of-fed-policy-decision-202501290230\">Read More&#8230;<\/a><\/p>\n<p>\u00a0<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD weakens further as markets brace for Fed decision The Pound Sterling extended its losses on Wednesday as the Greenback remains firm ahead of the US Federal Reserve\u2019s monetary policy decision. An absent economic docket in the UK, except for Bank of England (BoE) Governor Andrew Bailey&#8217;s TSC hearing, could move the markets ahead of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":362266,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,366,641,255,250,252,247,253,249,308,256,254],"class_list":["post-362261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-fed","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\/362261","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=362261"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/362261\/revisions"}],"predecessor-version":[{"id":362268,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/362261\/revisions\/362268"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/362266"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=362261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=362261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=362261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}