{"id":374337,"date":"2025-02-24T19:07:46","date_gmt":"2025-02-24T13:37:46","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=374337"},"modified":"2025-02-24T19:07:46","modified_gmt":"2025-02-24T13:37:46","slug":"gbp-climbs-back-above-mid-1-2600s-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-climbs-back-above-mid-1-2600s-crypto-news\/","title":{"rendered":"GBP climbs back above mid-1.2600s &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>The Pound Sterling (GBP) gains against its peers as investors expect the Bank of England (BoE) to follow a moderate policy-easing cycle this year.<strong> Upbeat United Kingdom (UK) Retail Sales, hotter-than-expected Consumer Price Index (CPI) data for January,<\/strong> and strong wage growth momentum in three months ending December have forced traders to pare BoE dovish bets.\u00a0<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-outperforms-us-dollar-as-fed-dovish-bets-rise-on-weak-us-services-pmi-202502240815\">Read more&#8230;<\/a><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/_GBP_USD_2025-02-24_12-40-24-638759816115284828-638759998729320027.png\"><\/a><\/p>\n<p>The GBP\/USD pair kicks off the new week on a positive note and climbs above mid-1.2600s during the Asian session, <strong>closer to over a two-month top touched on Friday.<\/strong> Spot prices now look to build on the momentum beyond the 100-day Simple Moving Average (SMA) amid a weaker sentiment surrounding the US Dollar (USD).\u00a0<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-climbs-back-above-mid-12600s-closer-to-over-two-month-peak-touched-on-friday-202502240110\">Read more&#8230;<\/a><\/p>\n<p>Pound Sterling (GBP) is likely to trade in a range between 1.2625 and 1.2680.<strong> In the longer run, boost in momentum indicates further GBP strength to 1.2730,<\/strong> UOB Group\u2019s FX analysts Quek Ser Leang and Peter Chia note.\u00a0<a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-likely-to-trade-in-a-range-between-12625-and-12680-uob-group-202502240959\">Read more&#8230;<\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pound Sterling (GBP) gains against its peers as investors expect the Bank of England (BoE) to follow a moderate policy-easing cycle this year. Upbeat United Kingdom (UK) Retail Sales, hotter-than-expected Consumer Price Index (CPI) data for January, and strong wage growth momentum in three months ending December have forced traders to pare BoE dovish [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":372693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,366,641,255,250,333,252,247,253,249,256,254],"class_list":["post-374337","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-macroeconomics","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374337","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=374337"}],"version-history":[{"count":3,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374337\/revisions"}],"predecessor-version":[{"id":374342,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/374337\/revisions\/374342"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/372693"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=374337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=374337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=374337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}