{"id":106531,"date":"2020-11-11T16:56:42","date_gmt":"2020-11-11T16:56:42","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=106531"},"modified":"2020-11-12T06:32:21","modified_gmt":"2020-11-12T06:32:21","slug":"104784-gbp-usd-hits-daily-low-at-1-3230","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104784-gbp-usd-hits-daily-low-at-1-3230\/","title":{"rendered":"GBP\/USD hits daily low at 1.3230"},"content":{"rendered":"<ul>\n<li><strong>GBP\/USD\u2019s rally ran out of steam close to its two-month-old ascending channel resistance.<\/strong><\/li>\n<li><strong>Any dip could towards 1.31 be considered\u00a0 a buying opportunity.<\/strong><\/li>\n<li><span style=\"font-weight: 400;\"><strong>A meaningful move beyond the channel resistance could open the door to more gains<\/strong>.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u00a0GBP\/USD\u2019s\u00a0 rally ran out of steam at a two-month high eased back from the 1.3310-15 area. which marks the top boundary of an upward sloping channel from mid-September.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">GBP\/USD declined to daily lows, at 1.3230 Any additional\u00a0 fall could attract dip-buying around 1.3200 mark, limiting the\u00a0 downside around resistance at 1.3180-75.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, any follow-through selling below 1.3150-40 could negate the bullish trend and prompt technical selling. GBP\/USD could then accelerate the sell off to 1.3100.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">1.3300 could cap the upside. A meaningful beyond here could see more buyers jump in and set the scene to a move towards September daily closing highs resistance at 1.3385.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD\u2019s rally ran out of steam close to its two-month-old ascending channel resistance. Any dip could towards 1.31 be considered\u00a0 a buying opportunity. A meaningful move beyond the channel resistance could open the door to more gains. \u00a0GBP\/USD\u2019s\u00a0 rally ran out of steam at a two-month high eased back from the 1.3310-15 area. which marks [&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":[],"class_list":{"0":"post-106531","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-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 hits daily low at 1.3230 - 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\/104784-gbp-usd-hits-daily-low-at-1-3230\/\" \/>\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\\\/104784-gbp-usd-hits-daily-low-at-1-3230\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104784-gbp-usd-hits-daily-low-at-1-3230\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD hits daily low at 1.3230\",\"datePublished\":\"2020-11-11T16:56:42+00:00\",\"dateModified\":\"2020-11-12T06:32:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104784-gbp-usd-hits-daily-low-at-1-3230\\\/\"},\"wordCount\":149,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104784-gbp-usd-hits-daily-low-at-1-3230\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2017\\\/08\\\/pounds-brexit.jpg\",\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104784-gbp-usd-hits-daily-low-at-1-3230\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104784-gbp-usd-hits-daily-low-at-1-3230\\\/\",\"name\":\"GBP\\\/USD hits daily low at 1.3230 - 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