{"id":377444,"date":"2025-03-02T11:22:05","date_gmt":"2025-03-02T05:52:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-usd-struggles-at-1-2600-set-to-first-monthly-gain-since-september-crypto-news\/"},"modified":"2025-03-02T11:50:43","modified_gmt":"2025-03-02T06:20:43","slug":"gbp-usd-struggles-at-1-2600-set-to-first-monthly-gain-since-september-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-struggles-at-1-2600-set-to-first-monthly-gain-since-september-crypto-news\/","title":{"rendered":"GBP\/USD struggles at 1.2600 set to first monthly gain since September &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD struggles at 1.2600 set to first monthly gain since September<\/h2>\n<div>\n<p>The Pound\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Sterling<\/a>\u00a0struggles to clear the 1.2600 figure against the US Dollar yet is set for it first monthly gain since September 2024. The Federal Reserve\u2019s (Fed) preferred inflation gauge report was aligned with estimates, hinting that the disinflation process stalled, but it remains near the Fed\u2019s goal. The GBP\/USD trades at 1.2607, virtually unchanged. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-struggles-at-12600-set-to-first-monthly-gain-since-september-202502281557\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<\/p>\n<h2 class=\"fxs_headline_medium\">Pound Sterling flattens against US Dollar as yearly US core PCE Inflation cools down<\/h2>\n<\/div>\n<div>\n<p>The Pound Sterling (GBP)\u00a0trades flat to near 1.2600 against the US Dollar (USD) in Friday\u2019s North American\u00a0session. The GBP\/USD pair flattens\u00a0as the US Dollar gives up intraday gains due to an expected slowdown in the\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\">United States<\/a>\u00a0(US) core Personal Consumption Expenditure Price Index (PCE) data for January.\u00a0The US\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/us-dollar-index\">Dollar Index<\/a>\u00a0(DXY), which tracks the Greenback\u2019s value against six major currencies, holds onto Thursday&#8217;s gains around 107.40. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-edges-higher-as-boe-seems-to-follow-moderate-policy-easing-cycle-202502281028\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/_GBP_USD_2025-02-28_14-40-04-638763352190143906.png\"\/><\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD holds below 1.2600 as US PCE inflation data looms<\/h2>\n<\/div>\n<div>The GBP\/USD pair extends its downside to near 1.2580 during the early European session on Friday. Tariff uncertainty from US President Donald Trump undermines the Pound\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">Sterling<\/a>\u00a0(GBP) against the US Dollar (USD). The US Personal Consumption Expenditures (PCE) Price Index for January will be the highlight later on Friday. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-holds-below-12600-as-us-pce-inflation-data-looms-202502280550\" target=\"_blank\">Read More&#8230;<\/a><\/div>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD struggles at 1.2600 set to first monthly gain since September The Pound\u00a0Sterling\u00a0struggles to clear the 1.2600 figure against the US Dollar yet is set for it first monthly gain since September 2024. The Federal Reserve\u2019s (Fed) preferred inflation gauge report was aligned with estimates, hinting that the disinflation process stalled, but it remains near [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":375215,"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-377444","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\/377444","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=377444"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/377444\/revisions"}],"predecessor-version":[{"id":377457,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/377444\/revisions\/377457"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/375215"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=377444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=377444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=377444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}