{"id":54285,"date":"2021-11-08T19:26:09","date_gmt":"2021-11-08T15:26:09","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54285"},"modified":"2021-11-08T19:26:16","modified_gmt":"2021-11-08T15:26:16","slug":"gbp-usd-jumps-to-1-3530-35-by-weaker-usd","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-usd-jumps-to-1-3530-35-by-weaker-usd\/11\/08\/market-updates\/","title":{"rendered":"GBP\/USD jumps to 1.3530-35 by weaker USD"},"content":{"rendered":"\n<p>GBP\/USD attracted some buyers on Monday near the mid-1.3400s amidst renewed USD selloff.<br>The prevalent risk-on environment acted as a headwind for the safe-haven USD. Rebounding US bond yields, according to a wide range of investors could limit the USD slide and lead to gains.<br><br>The dovish BoE and Brexit jargon could might further hold bulls back from placing aggressive bets.<br><br>The GBP\/USD pair climbed further beyond the key 1.3500 psychological mark and refreshed daily tops heading into the North American session. The currency pair was last seen trading around the 1.3530-35 region, up nearly 0.30% for the day.<br><br>The GBP\/USD pair gained some positive traction and built on Friday&#8217;s recovery move from five-week lows touched in reaction to the upbeat US NFP report. <br><br>The bullish sentiment in financial markets undermined the safe-haven US dollar, which, in turn, was seen as a key factor that provided a lift to the major.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD attracted some buyers on Monday near the mid-1.3400s amidst renewed USD selloff.The prevalent risk-on environment acted as a headwind for the safe-haven USD. Rebounding US bond yields, according to a wide range of investors could limit the USD slide and lead to gains.The dovish BoE and Brexit jargon could might further hold bulls back &hellip;<\/p>\n","protected":false},"author":13,"featured_media":51685,"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":[7518,6870,7957,6871],"class_list":["post-54285","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-economic-recovery","tag-gbp","tag-nfp-data","tag-usd"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54285","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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54285"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54285\/revisions"}],"predecessor-version":[{"id":54338,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54285\/revisions\/54338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/51685"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}