{"id":105302,"date":"2020-09-25T19:57:37","date_gmt":"2020-09-25T18:57:37","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=105302"},"modified":"2020-09-26T09:20:06","modified_gmt":"2020-09-26T08:20:06","slug":"104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\/","title":{"rendered":"GBP\/USD lacks direction, trades flat 1.2750 pre-US data"},"content":{"rendered":"<ul>\n<li><span style=\"font-weight: 400;\">GBP\/USD rapidly rebound from a mid-European session drop to below1.2700<\/span><\/li>\n<li><span style=\"font-weight: 400;\">\u00a0Brexit optimism added support to the pound<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Coronavirus nerves buoyed USD and limited the upside.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The GBP\/USD trades flat just below 1.2750 after rallying 50 points.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">GBP\/USD shows resilience below 200-day SMA and is rebounding from below-1.2700 levels. The recent spike came following upbeat Brexit comments.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The UK PM\u2019s spokesman confirmed that they are working hard to agree a deal with the EU. The spokesman added that the UK has productive exchanges with the EU over recent weeks and is working together with the EU on N.Ireland Brexit protocol.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The UK will strengthen pandemic restrictions if needed. global risk sentiment soured boosting the US Dollar on safe-haven flows and limiting upside for the GBP\/USD pair.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Renewed optimism for US fiscal stimulus measures was brief, overshadowed by second wave covid fears and the threat to the economic recovery which weighed on the market sentiment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Will GBP\/USD\u00a0 capitalize on the bounce or will bears take back control? Either way GBPUSD is set to end the week lower.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Durable Goods Orders are in focus later and risk sentiment could also influence the USD.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD rapidly rebound from a mid-European session drop to below1.2700 \u00a0Brexit optimism added support to the pound Coronavirus nerves buoyed USD and limited the upside. The GBP\/USD trades flat just below 1.2750 after rallying 50 points. GBP\/USD shows resilience below 200-day SMA and is rebounding from below-1.2700 levels. The recent spike came following upbeat Brexit [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5645,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[1394,1888,1398],"class_list":["post-105302","post","type-post","status-publish","format-standard","has-post-thumbnail","category-gbp","category-usd","tag-gbp","tag-gbp-usd","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 lacks direction, trades flat 1.2750 pre-US data - 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\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\/\" \/>\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\\\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD lacks direction, trades flat 1.2750 pre-US data\",\"datePublished\":\"2020-09-25T18:57:37+00:00\",\"dateModified\":\"2020-09-26T08:20:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\\\/\"},\"wordCount\":204,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100662-gbp-usd-no-surprise-us-fed.jpg\",\"keywords\":[\"gbp\",\"gbp\\\/usd\",\"usd\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104464-gbp-usd-lacks-direct-trades-flat-1-2750-pre-us-data\\\/\",\"name\":\"GBP\\\/USD lacks direction, trades flat 1.2750 pre-US data - 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