{"id":90158,"date":"2023-09-29T01:57:47","date_gmt":"2023-09-28T21:57:47","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=90158"},"modified":"2023-09-29T02:00:32","modified_gmt":"2023-09-28T22:00:32","slug":"gbp-usd-made-a-modest-comeback","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/gbp-usd-made-a-modest-comeback\/09\/29\/market-updates\/","title":{"rendered":"GBP\/USD made a modest comeback"},"content":{"rendered":"\n<p>On Thursday, the GBP\/USD made a modest comeback, recovering to the 1.2200 mark. Analysts expect the GBP to depreciate longer term, with many institutions anticipating a reversal to the main handle of 1.2000.<br><br>The UK GDP results, which are scheduled to be released on Friday, are anticipated to remain constant at 0.2% for the second quarter. Due to a shortfall for headline GDP growth in the British economy, the Pound might lose some of the gains it made on Thursday. <br><br>In addition, it is anticipated that the Personal Consumption Expenditure (PCE) Price Index would remain stable in August at 0.2%, with the annualized figure falling from 4.2% to 3.9%. Initial Jobless Claims were 204K, while annualized GDP was 2.1% in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Thursday, the GBP\/USD made a modest comeback, recovering to the 1.2200 mark. Analysts expect the GBP to depreciate longer term, with many institutions anticipating a reversal to the main handle of 1.2000.The UK GDP results, which are scheduled to be released on Friday, are anticipated to remain constant at 0.2% for the second quarter. &hellip;<\/p>\n","protected":false},"author":13,"featured_media":38563,"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":[7034,10546,7619],"class_list":["post-90158","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-forex-markets","category-market-updates","tag-gbp-usd","tag-gdp-growth","tag-uk-economy"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/90158","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=90158"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/90158\/revisions"}],"predecessor-version":[{"id":90164,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/90158\/revisions\/90164"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/38563"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=90158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=90158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=90158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}