{"id":383913,"date":"2025-03-21T18:18:54","date_gmt":"2025-03-21T12:48:54","guid":{"rendered":"https:\/\/dripp.zone\/news\/gbp-usd-corrects-amid-geopolitical-economic-concerns-crypto-news\/"},"modified":"2025-03-21T18:20:59","modified_gmt":"2025-03-21T12:50:59","slug":"gbp-usd-corrects-amid-geopolitical-economic-concerns-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/gbp-usd-corrects-amid-geopolitical-economic-concerns-crypto-news\/","title":{"rendered":"GBP\/USD corrects amid geopolitical, economic concerns &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<h2 class=\"fxs_headline_medium\">GBP\/USD Weekly Outlook: Pound Sterling corrects amid geopolitical, economic concerns<\/h2>\n<p>The Pound Sterling (GBP) corrected after topping near 1.3000 against the US Dollar (USD) mid-week. <strong>However, the GBP\/USD pair holds at its highest level in four months.<\/strong><\/p>\n<p>Over the weekend, the US launched large-scale airstrikes on Yemen, targeting the Iran-backed militant group Houthis. In response, Houthis attacked US vessels in the Red Sea, which Trump vowed to stop, warning that &#8220;hell will rain down&#8221; if they continue. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/analysis\/gbp-usd-weekly-outlook-pound-sterling-corrects-amid-geopolitical-economic-concerns-202503211001\" target=\"_blank\">Read more&#8230;<\/a><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/Chart-638781549312505203.png\" target=\"_blank\"><\/a><\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD Elliott Wave technical analysis [Video]<\/h2>\n<p><strong>This 4-hour Elliott Wave analysis of\u00a0GBPUSD\u00a0focuses on the pair&#8217;s short-term structure and movement. <\/strong>The current market behavior reflects a\u00a0corrective phase\u00a0rather than a strong directional trend. At this stage,\u00a0Orange Wave 4\u00a0is developing within the broader context of\u00a0Navy Blue Wave 1. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/analysis\/gbp-usd-elliott-wave-technical-analysis-video-202503210835\" target=\"_blank\">Read more&#8230;<\/a><\/p>\n<div class=\"youtube_cke fxs_external\">\n<p><iframe loading=\"lazy\" title=\"British Pound \/ U.S. Dollar (GBPUSD) Forex Elliott Wave Technical Analysis\" width=\"740\" height=\"416\" src=\"https:\/\/www.youtube.com\/embed\/v94AlS6phIQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<\/div>\n<p>\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">GBP\/USD Forecast: BoE&#8217;s cautious tone fails to lift Pound Sterling<\/h2>\n<p><strong>GBP\/USD stays on the back foot and trades below 1.2950 after closing in negative territory on Thursday.<\/strong> The pair&#8217;s technical outlook highlights a buildup of bearish pressure in the near term.<\/p>\n<p>The Bank of England announced on Thursday that it left the policy rate unchanged at 4.5%, as widely expected. Only one policymaker, Swati Dhingra voted in favor of a 25 basis points (bps) rate cut. In the policy statement, the BoE reiterated that it will stick to a &#8220;gradual and careful&#8221; approach to removing policy restrain, adding that the policy will need to remain restrictive for sufficiently long. Although the BoE&#8217;s cautious on further easing limited Pound Sterling&#8217;s losses, it failed to support the currency in a noticeable way. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/analysis\/gbp-usd-forecast-boes-cautious-tone-fails-to-lift-pound-sterling-202503210822\" target=\"_blank\">Read more&#8230;<\/a><\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/GBPUSD-638781552943633076.png\" target=\"_blank\"><img decoding=\"async\" alt=\"Chart\" src=\"https:\/\/editorial.fxsstatic.com\/miscelaneous\/GBPUSD-638781552943633076.png\" style=\"width: 1627px; height: 759px;\"\/><\/a><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD Weekly Outlook: Pound Sterling corrects amid geopolitical, economic concerns The Pound Sterling (GBP) corrected after topping near 1.3000 against the US Dollar (USD) mid-week. However, the GBP\/USD pair holds at its highest level in four months. Over the weekend, the US launched large-scale airstrikes on Yemen, targeting the Iran-backed militant group Houthis. In response, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":378416,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,641,255,250,333,252,247,253,249,308,256,254],"class_list":["post-383913","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-macroeconomics","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\/383913","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=383913"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/383913\/revisions"}],"predecessor-version":[{"id":383914,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/383913\/revisions\/383914"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/378416"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=383913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=383913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=383913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}