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The Pound Sterling (GBP) is trading down a little on the session after a two-cent rebound from yesterday\u2019s intraday low and stretch gains against the EUR to retest the mid-0.82 zone on the cross, Scotiabank\u2019s Chief FX Strategist Shaun Osborne notes.<\/span><\/p>\n \u201cThe UK\u2019s exposure to US tariffs is somewhat less than the Eurozone\u2019s which should allow the GBP to outperform on the cross in the coming weeks and months. But the UK government will have to balance its ambitions to rebuild ties with Europe against the need to stay as close as possible with President Trump very carefully.\u201d<\/span><\/p>\n \u201cGBP\u2019s reversal from yesterday\u2019s intraday low stalled around 1.2450, the 40-day MA which has been curbing GBP gains since Early December. Sterling\u2019s technical position looks potentially positive\u2014 certainly relative to its peers\u2014but more work needs to be done to bolster upside potential. Near-term gains above 1.25 would add to short-term bull momentum. Support is 1.2350\/75.\u201d<\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":" The Pound Sterling (GBP) is trading down a little on the session after a two-cent rebound from yesterday\u2019s intraday low and stretch gains against the EUR to retest the mid-0.82 zone on the cross, Scotiabank\u2019s Chief FX Strategist Shaun Osborne notes. 40-day MA caps recovery for GBP\/USD \u201cThe UK\u2019s exposure to US tariffs is somewhat […]<\/p>\n","protected":false},"author":2,"featured_media":366119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,712,248,251,246,257,641,255,250,252,247,253,249,308,256,254],"class_list":["post-366106","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-boe","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\/366106","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=366106"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/366106\/revisions"}],"predecessor-version":[{"id":366123,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/366106\/revisions\/366123"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/366119"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=366106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=366106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=366106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}40-day MA caps recovery for GBP\/USD<\/span><\/h2>\n