{"id":378209,"date":"2025-03-05T02:44:33","date_gmt":"2025-03-04T21:14:33","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-usd-holds-gains-amid-soft-us-dollar-on-tariff-fallout-crypto-news\/"},"modified":"2025-03-05T02:46:36","modified_gmt":"2025-03-04T21:16:36","slug":"gbp-usd-holds-gains-amid-soft-us-dollar-on-tariff-fallout-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-holds-gains-amid-soft-us-dollar-on-tariff-fallout-crypto-news\/","title":{"rendered":"GBP\/USD holds gains amid soft US Dollar on tariff fallout &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD holds gains amid soft US Dollar on tariff fallout<\/h2>\n<div>\n<p>The Pound Sterling (GBP) clings to early gains, extending its advance to two days versus the US Dollar (USD) as tariffs enacted by United States\u00a0(US) President Donald Trump against Mexico, Canada, and China come into effect. Although the market is risk-averse, traders punish the Greenback as the\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">economic outlook<\/a>\u00a0darkens. The GBP\/USD pair is trading\u00a0at 1.2708, up 0.08%. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-holds-gain-amid-soft-us-dollar-on-tariff-fallout-202503041506\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<\/p>\n<h2 class=\"fxs_headline_medium\">Pound Sterling strengthens against US Dollar despite global trade war intensifies<\/h2>\n<\/div>\n<div>\n<p>The Pound Sterling (GBP) posts a fresh two-and-a-half month high around\u00a01.2750 against the US Dollar (USD) in Tuesday\u2019s North American session. The GBP\/USD pair strengthens\u00a0as the US Dollar extends its downside despite an intensifying global trade war. The 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, slides below\u00a0106.00. Technically, heightening geopolitical tensions improves the appeal of the US Dollar. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-holds-onto-gains-against-us-dollar-on-mounting-fed-dovish-bets-202503040956\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/_GBP_USD_2025-03-04_14-53-28-638766789006220404.png\"\/><\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD Price Forecast: Hovers below 1.2700 barrier near three-month highs<\/h2>\n<\/div>\n<div>\n<p>The\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/currencies\/gbpusd\">GBP\/USD<\/a>\u00a0pair edges lower after registering gains in the previous session, hovering around 1.2680 during Tuesday\u2019s Asian hours. Technical\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/analysis\">analysis<\/a>\u00a0of the daily chart suggests a continued bullish bias, with the pair maintaining its position within an ascending channel pattern. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-price-forecast-hovers-below-12700-barrier-near-three-month-highs-202503040408\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/image-638766579866790405.png\"\/><\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD holds gains amid soft US Dollar on tariff fallout The Pound Sterling (GBP) clings to early gains, extending its advance to two days versus the US Dollar (USD) as tariffs enacted by United States\u00a0(US) President Donald Trump against Mexico, Canada, and China come into effect. Although the market is risk-averse, traders punish the Greenback [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":372836,"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-378209","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\/378209","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=378209"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/378209\/revisions"}],"predecessor-version":[{"id":378212,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/378209\/revisions\/378212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/372836"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=378209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=378209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=378209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}