{"id":381053,"date":"2025-03-10T21:17:40","date_gmt":"2025-03-10T15:47:40","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-usd-holds-above-1-2900-as-traders-brace-of-us-cpi-data-crypto-news\/"},"modified":"2025-03-10T21:28:28","modified_gmt":"2025-03-10T15:58:28","slug":"gbp-usd-holds-above-1-2900-as-traders-brace-of-us-cpi-data-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-holds-above-1-2900-as-traders-brace-of-us-cpi-data-crypto-news\/","title":{"rendered":"GBP\/USD holds above 1.2900 as traders brace of US CPI data &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD holds above 1.2900 as traders brace of US CPI data<\/h2>\n<div>\n<p>The Pound Sterling consolidates within familiar levels against the US Dollar amid a scarce economic docket on Monday. Key US inflation data and the UK\u2019s Gross Domestic Product (GDP) figures are due later in the week. The GBP\/USD trades at 1.2915, up 0.04%. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-holds-above-12900-as-traders-brace-of-us-cpi-data-202503101522\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<\/p>\n<h2 class=\"fxs_headline_medium\">Pound Sterling shows strength against US Dollar as investors doubt US economic strength<\/h2>\n<\/div>\n<div>\n<p>The Pound Sterling (GBP) stays firm above\u00a01.2900\u00a0against the US Dollar (USD) in Monday\u2019s North American\u00a0session. The GBP\/USD pair strengthens as the US Dollar struggles to gain ground amid growing concerns over the United States (US)\u00a0<a rel=\"nofollow\" target=\"_blank\" data-fxs-autoanchor=\"\" href=\"https:\/\/www.fxstreet.com\/rates-charts\/forecast\">economic outlook<\/a>. 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, trades cautiously near the four-month low of 103.50. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/pound-sterling-holds-onto-gains-against-us-dollar-amid-concerns-over-us-economic-outlook-202503100807\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/_GBP_USD_2025-03-10_12-44-30-638771908126634761.png\"\/><\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD stands firm near multi-month peak, just below mid-1.2900s on weaker USD<\/h2>\n<\/div>\n<div>\n<p>The GBP\/USD pair kicks off the new week on a positive move and trades around the 1.2940-1.2945 region during the Asian session, or a four-month high touched on Friday. Moreover, the bearish sentiment surrounding the US Dollar (USD) supports prospects for an extension of last week&#8217;s breakout momentum above the very important 200-day Simple Moving Average (SMA). <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/news\/gbp-usd-stands-firm-near-multi-month-peak-just-below-mid-12900s-on-weaker-usd-202503100054\" target=\"_blank\">Read More&#8230;<\/a><\/p>\n<p>\u00a0<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD holds above 1.2900 as traders brace of US CPI data The Pound Sterling consolidates within familiar levels against the US Dollar amid a scarce economic docket on Monday. Key US inflation data and the UK\u2019s Gross Domestic Product (GDP) figures are due later in the week. The GBP\/USD trades at 1.2915, up 0.04%. Read [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":379854,"comment_status":"closed","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-381053","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\/381053","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=381053"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381053\/revisions"}],"predecessor-version":[{"id":381062,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/381053\/revisions\/381062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/379854"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=381053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=381053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=381053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}