{"id":379883,"date":"2025-03-07T23:52:04","date_gmt":"2025-03-07T18:22:04","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-firm-but-lags-eur-scotiabank-crypto-news\/"},"modified":"2025-03-08T00:18:03","modified_gmt":"2025-03-07T18:48:03","slug":"gbp-firm-but-lags-eur-scotiabank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-firm-but-lags-eur-scotiabank-crypto-news\/","title":{"rendered":"GBP firm but lags EUR \u2013 Scotiabank &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific developments, Scotiabank&#8217;s Chief FX Strategist Shaun Osborne notes.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">EUR\/GBP rebound nears major trend resistance<\/h2>\n<p>&#8220;Hefty GBP losses versus the EUR <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\">this week<\/a> may draw a veil over the GBP\u2019s longer run improvement on the cross\u2014at least for now\u2013 and solidify EURGBP support around the 0.82 point.&#8221;\u00a0<\/p>\n<p>&#8220;Cable gains are testing retracement resistance (61.8% <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/technical-analysis\/support-resistance\/fibonacci\" data-fxs-autoanchor=\"\">Fibonacci<\/a> resistance of the 1.34\/1.21 drop seen between September and January) at 1.2924. A clear push through the low 1.29s targets additional retracement gains towards 1.31. Support is 1.2865. Note that EUR\/GBP\u2019s rebound is nearing major trend resistance at 0.8425.&#8221;<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pound Sterling (GBP) is a little stronger on the session but, again, trends largely reflect the broader tone of the USD rather than any GBP-specific developments, Scotiabank&#8217;s Chief FX Strategist Shaun Osborne notes.\u00a0 EUR\/GBP rebound nears major trend resistance &#8220;Hefty GBP losses versus the EUR this week may draw a veil over the GBP\u2019s longer [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":372693,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,641,255,250,252,247,253,249,308,256,254],"class_list":["post-379883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","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\/379883","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=379883"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/379883\/revisions"}],"predecessor-version":[{"id":379892,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/379883\/revisions\/379892"}],"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=379883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=379883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=379883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}