{"id":33978,"date":"2020-09-14T23:03:52","date_gmt":"2020-09-14T19:03:52","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=33978"},"modified":"2020-09-14T23:03:54","modified_gmt":"2020-09-14T19:03:54","slug":"report-gbp-trading-at-attractive-levels","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/report-gbp-trading-at-attractive-levels\/09\/14\/market-updates\/","title":{"rendered":"Report: GBP Trading at Attractive Levels"},"content":{"rendered":"\n<p>A recent report by Goldman Sachs suggested that the market is over reacting to concerns over a Brexit without a trade deal, noting that the British Pound (GBP) is currently trading at attractive levels.<\/p>\n\n\n\n<p>&#8220;For investors willing to look through some near-term volatility, current levels for sterling longs now look attractive, in our view,&#8221; the report stated, describing the odds for a no-deal Brexit as meaningfully lower than anticipated by the market.<\/p>\n\n\n\n<p>Today, the GBP is trading higher against the US Dollar (USD), with the GBP\/USD up by 0.47% for the day at 1.2856, moving in a range between 1.2777 and 1.2919 after closing last week at 1.2796 and opening Monday at 1.2812.<\/p>\n\n\n\n<p><strong>Support Levels: 1.2753 &#8211; 1.2709 &#8211; 1.2653<\/strong><\/p>\n\n\n\n<p><strong>Resistance Levels: 1.2853 &#8211; 1.2909 &#8211; 1.2953<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A recent report by Goldman Sachs suggested that the market is over reacting to concerns over a Brexit without a trade deal, noting that the British Pound (GBP) is currently trading at attractive levels. &#8220;For investors willing to look through some near-term volatility, current levels for sterling longs now look attractive, in our view,&#8221; the &hellip;<\/p>\n","protected":false},"author":10,"featured_media":31991,"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":[49,37,36],"tags":[6865,6870],"class_list":["post-33978","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-economic-reports","category-forex-markets","category-market-updates","tag-brexit","tag-gbp"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33978","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\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=33978"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33978\/revisions"}],"predecessor-version":[{"id":33979,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/33978\/revisions\/33979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31991"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=33978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=33978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=33978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}