{"id":106260,"date":"2020-10-30T16:40:47","date_gmt":"2020-10-30T16:40:47","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106260"},"modified":"2020-11-02T05:58:04","modified_gmt":"2020-11-02T05:58:04","slug":"104689-gbp-usd-at-1-29-on-lockdown-fears","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104689-gbp-usd-at-1-29-on-lockdown-fears\/","title":{"rendered":"GBP\/USD at 1.29 on lockdown fears"},"content":{"rendered":"<ul>\n<li><strong>GBP\/USD trades around 1.29, off the low. <\/strong><\/li>\n<li><strong>Fears are rising of a nationwide lockdown to stem the spread of covid in the UK. <\/strong><\/li>\n<li><strong>Brexit talks are also eyed.<\/strong><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">GBP\/USD advanced to a daily high of 1.2985-90 before quickly retreating.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Following an early dip to sub-1.2900 levels, the pair witnessed some short-covering move and has now recovered the previous day&#8217;s negative move to two-week tops.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With no negative Brexit news and a weaker US dollar helped to drive GBP\/USD higher.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The US Dollar eased back paring some recent strong gains to four-week tops. The greenback was under pressure as jitters grow ahead of the US Presidential elections. However, fears over the economic impact from new COVID-19 restrictions and weaker sentiment surrounding the stock markets helped limit the USD losses<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The uptick boosted GBP\/USD which snapped a two day losing streak. Although this rally could too be capped by some factors. Ongoing Brexit uncertainties, fears of stricter lockdown in the UK could limit the upside in GBP\/USD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Upbeat US economic data failed to impress the USD bulls or drive GBP\/USD . Later today,Chicago PMI and Revised Michigan Consumer Sentiment could attract some attention.in addition to US politics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD trades around 1.29, off the low. Fears are rising of a nationwide lockdown to stem the spread of covid in the UK. Brexit talks are also eyed. GBP\/USD advanced to a daily high of 1.2985-90 before quickly retreating. Following an early dip to sub-1.2900 levels, the pair witnessed some short-covering move and has now [&hellip;]<\/p>\n","protected":false},"author":163946597,"featured_media":5970,"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":{"0":"post-106260","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-usd","9":"tag-gbp","10":"tag-gbp-usd","11":"tag-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBP\/USD at 1.29 on lockdown fears - 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\/104689-gbp-usd-at-1-29-on-lockdown-fears\/\" \/>\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\\\/104689-gbp-usd-at-1-29-on-lockdown-fears\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104689-gbp-usd-at-1-29-on-lockdown-fears\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD at 1.29 on lockdown fears\",\"datePublished\":\"2020-10-30T16:40:47+00:00\",\"dateModified\":\"2020-11-02T05:58:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104689-gbp-usd-at-1-29-on-lockdown-fears\\\/\"},\"wordCount\":208,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104689-gbp-usd-at-1-29-on-lockdown-fears\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/pounds-brexit.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\\\/104689-gbp-usd-at-1-29-on-lockdown-fears\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104689-gbp-usd-at-1-29-on-lockdown-fears\\\/\",\"name\":\"GBP\\\/USD at 1.29 on lockdown fears - 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