{"id":103879,"date":"2020-08-28T08:30:36","date_gmt":"2020-08-28T07:30:36","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=103879"},"modified":"2020-08-28T10:29:23","modified_gmt":"2020-08-28T09:29:23","slug":"104068-gbp-usd-pair-hovers-around-17-month-high","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104068-gbp-usd-pair-hovers-around-17-month-high\/","title":{"rendered":"GBP\/USD: Pair Hovers Around 17 Month High"},"content":{"rendered":"<p>The Pound US Dollar (GBP\/USD) exchange rate holds above US$1.3250 and is on track to gain over 1.2% across the week. The pair hit US$1.3283 on Thursday, a 17 month high.<\/p>\n<p>US Federal Reserve Chair Jerome Powell yesterday, as expected announced a shift in policy concerning the way that the central bank deals with inflation. Rates are expected to remain lower for longer which is dragging on the US Dollar<\/p>\n<p>Investors will now look ahead to the Bank of England <a href=\"https:\/\/currencylive.com\/news\/103067-gbp-usd-pound-jumps-ahead-of-boe-andrew-baileys-speech\/\">Andrew Bailey\u2019s key speech at Jackson Hole<\/a>. Investors will be particularly keen to see if Mr Bailey can provide any additional clarity surrounding negative interest rates.<\/p>\n<p>US consumer confidence data will also be in focus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Pound US Dollar (GBP\/USD) exchange rate holds above US$1.3250 and is on track to gain over 1.2% across the week. The pair hit US$1.3283 on Thursday, a 17 month high. US Federal Reserve Chair Jerome Powell yesterday, as expected announced a shift in policy concerning the way that the central bank deals with inflation. [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":3183,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[1394,1888,1391,1397,1398],"class_list":["post-103879","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gbp","category-usd","tag-gbp","tag-gbp-usd","tag-pound","tag-us-dollar","tag-usd"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/USD: Pair Hovers Around 17 Month High - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104068-gbp-usd-pair-hovers-around-17-month-high\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Fiona Cincotta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104068-gbp-usd-pair-hovers-around-17-month-high\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104068-gbp-usd-pair-hovers-around-17-month-high\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD: Pair Hovers Around 17 Month High\",\"datePublished\":\"2020-08-28T07:30:36+00:00\",\"dateModified\":\"2020-08-28T09:29:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104068-gbp-usd-pair-hovers-around-17-month-high\\\/\"},\"wordCount\":122,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104068-gbp-usd-pair-hovers-around-17-month-high\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/shutterstock_51907111-1.jpg\",\"keywords\":[\"gbp\",\"gbp\\\/usd\",\"pound\",\"us dollar\",\"usd\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104068-gbp-usd-pair-hovers-around-17-month-high\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104068-gbp-usd-pair-hovers-around-17-month-high\\\/\",\"name\":\"GBP\\\/USD: Pair Hovers Around 17 Month High - 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