{"id":641916,"date":"2023-04-26T22:05:08","date_gmt":"2023-04-27T03:05:08","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/26\/pound-sterling-price-news-and-forecast-gbp-usd-bears-are-lurking-near-a-potential-key-resistance-area\/"},"modified":"2023-04-26T22:05:08","modified_gmt":"2023-04-27T03:05:08","slug":"pound-sterling-price-news-and-forecast-gbp-usd-bears-are-lurking-near-a-potential-key-resistance-area","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/26\/pound-sterling-price-news-and-forecast-gbp-usd-bears-are-lurking-near-a-potential-key-resistance-area\/","title":{"rendered":"Pound Sterling Price News and Forecast: GBP\/USD bears are lurking near a potential key resistance area"},"content":{"rendered":"
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GBP\/USD bears could be looking to guard the 1.2420s<\/h2>\n

GBP\/USD\u00a0is currently correcting towards a 38.2% Fibonacci retracement level near the 1.2420s as it takes on resistance while the Greenback gives some ground back following Tuesday\u00b4s resurgence.\u00a0<\/p>\n

Market sentiment\u00a0turned risk-averse amid worries about earnings in the banking sector especially which drove the US Dollar higher.\u00a0The DXY index, which measures the US dollar vs. a basket of currencies,\u00a0benefitted from\u00a0the related risk-off flows and\u00a0touched a high of 101.949. Read more…<\/a><\/p>\n

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GBP\/USD bears stacked up to test trendline support<\/h3>\n

The safe-haven US dollar rose on Tuesday as\u00a0market sentiment\u00a0turned risk-averse amid further worries about the banking sector. This has flipped the technicals in\u00a0GBP\/USD\u00a0bearish once again. Read more…<\/a><\/p>\n

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

GBP\/USD bears could be looking to guard the 1.2420s GBP\/USD\u00a0is currently correcting towards a 38.2% Fibonacci retracement level near the 1.2420s as it takes on resistance while the Greenback gives some ground back following Tuesday\u00b4s resurgence.\u00a0 Market sentiment\u00a0turned risk-averse amid worries about earnings in the banking sector especially which drove the US Dollar higher.\u00a0The DXY<\/p>\n","protected":false},"author":1,"featured_media":641917,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2794,32662],"tags":[],"class_list":["post-641916","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\/641916","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=641916"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/641916\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/641917"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=641916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=641916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=641916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}