{"id":31688,"date":"2020-07-21T16:47:36","date_gmt":"2020-07-21T12:47:36","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=31688"},"modified":"2020-07-21T16:47:37","modified_gmt":"2020-07-21T12:47:37","slug":"gbp-usd-keep-gains-near-weeks-high","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-usd-keep-gains-near-weeks-high\/07\/21\/market-updates\/","title":{"rendered":"GBP\/USD Keep Gains Near Weeks High"},"content":{"rendered":"\n<p>The GBP\/USD rose for the third straight session on Tuesday as the USD continued to sell on the optimism about Covid-19 vaccine and the European Recovery Fund agreement, which weakens the US dollar as a safe haven.<\/p>\n\n\n\n<p>GBP\/USD jumped to more than 1.2700 levels, six-week highs, but then retreated somewhat. The pair gained in the absence of news or drivers in the market and selling bias around the dollar was the main driver.<\/p>\n\n\n\n<p>The rise in the number of Covid-19 cases in the United States has raised concerns about the economic recovery and expected it to take longer than expected, leaving the US dollar on the defensive.<\/p>\n\n\n\n<p>The price of the US dollar remain in control as long as there is no economic data driving the market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GBP\/USD rose for the third straight session on Tuesday as the USD continued to sell on the optimism about Covid-19 vaccine and the European Recovery Fund agreement, which weakens the US dollar as a safe haven. GBP\/USD jumped to more than 1.2700 levels, six-week highs, but then retreated somewhat. The pair gained in the &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31689,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[37,36],"tags":[7034],"class_list":["post-31688","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-gbp-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=31688"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31688\/revisions"}],"predecessor-version":[{"id":31690,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/31688\/revisions\/31690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31689"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=31688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=31688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=31688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}