{"id":624024,"date":"2023-03-31T13:52:11","date_gmt":"2023-03-31T18:52:11","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/03\/31\/pound-sterling-price-news-and-forecast-gbp-usd-refreshes-multi-day-top-after-rising-the-most-in-two-weeks\/"},"modified":"2023-03-31T13:52:11","modified_gmt":"2023-03-31T18:52:11","slug":"pound-sterling-price-news-and-forecast-gbp-usd-refreshes-multi-day-top-after-rising-the-most-in-two-weeks","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/03\/31\/pound-sterling-price-news-and-forecast-gbp-usd-refreshes-multi-day-top-after-rising-the-most-in-two-weeks\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD refreshes multi-day top after rising the most in two weeks"},"content":{"rendered":"
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GBP\/USD renews two-month high near 1.2400, UK GDP, Fed\u2019s favorite inflation in focus<\/h2>\n

GBP\/USD<\/a> bulls attack the 1.2400 threshold while refreshing the highest levels in two months during early Friday. In doing so,\u00a0the Cable\u00a0pair cheers optimism surrounding the UK\u2019s Trans-Atlantic trade deal amid easing fears from the banking sector. However, the cautious mood ahead of the Federal Reserve\u2019s (Fed) preferred inflation gauge, namely the US Core Personal Consumption Expenditure (PCE) Price Index for February, prods the pair buyers of late.<\/p>\n

UK Prime Minister Rishi Sunak hails a \u00a31.8billion Brexit boost as Britain signed up to the giant Trans-Pacific Partnership, per The Sun. The\u00a0news\u00a0also mentioned, \u201cThe deal, which follows two years of talks, opens the door to free trade with 11 nations including\u00a0Japan,\u00a0Australia,\u00a0Mexico,\u00a0Malaysia\u00a0and\u00a0Singapore.\u201d Read more…<\/a><\/p>\n

GBP\/USD Price Analysis: Bulls flex muscles for another fight with 1.2450 hurdle<\/h3>\n

GBP\/USD bulls keep the reins around a two-month high near 1.2390 as they approach a critical resistance area during early Friday. In doing so,\u00a0the Cable\u00a0pair braces for a five-week uptrend.<\/p>\n

That said, a sustained break of the 10-week-old horizontal resistance area, now support around 1.2285-65, joins the clear respect of a fortnight-long ascending trend line, close to 1.2320, to keep the GBP\/USD pair buyers hopeful. Read more…<\/a><\/p>\n

<\/a><\/p>\n<\/p><\/div>\n

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Read More<\/a>
\n Arden Kucera<\/p>\n","protected":false},"excerpt":{"rendered":"

GBP\/USD renews two-month high near 1.2400, UK GDP, Fed\u2019s favorite inflation in focus GBP\/USD bulls attack the 1.2400 threshold while refreshing the highest levels in two months during early Friday. In doing so,\u00a0the Cable\u00a0pair cheers optimism surrounding the UK\u2019s Trans-Atlantic trade deal amid easing fears from the banking sector. However, the cautious mood ahead of<\/p>\n","protected":false},"author":1,"featured_media":624025,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":["post-624024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pound","category-sterling"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/624024","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=624024"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/624024\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/624025"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=624024"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=624024"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=624024"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}