{"id":107608,"date":"2021-01-06T08:56:08","date_gmt":"2021-01-06T08:56:08","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107608"},"modified":"2021-01-06T08:57:27","modified_gmt":"2021-01-06T08:57:27","slug":"105180-dollar-bears-help-gbp-usd-bulls-for-another-day","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\/","title":{"rendered":"Dollar Bears Help GBP\/USD Bulls For another Day"},"content":{"rendered":"<ul>\n<li>GBP\/USD trades above mid-1.3600.<\/li>\n<li>The US FOMC and Private jobs eyed.<\/li>\n<li>Georgia election results might favour the Democrats.<\/li>\n<\/ul>\n<p>A probable Democrat victory in Georgia Senate elections increased hopes for additional US fiscal stimulus and weighed on the greenback today. The GBP\/USD benefitted from the greenback selling and rose to two-day highs around mid-1.3600s, after briefly falling below 1.3600 earlier in the day.<\/p>\n<p>Today&#8217;s rise records the fifth positive session in the last six trading days and now adds to yesterday gains.<\/p>\n<p>If Georgia goes with the Democrats, then the incoming US President Joe Biden will be in a strong position to pursue his economic policies as the Republicans will not have a majority in the Congress or the Senate.<\/p>\n<p>The US dollar selling also stems from the 2021 global economic revival hopes and the perspective that the Fed will show no inclination to raise the rate for a long time.<\/p>\n<p>The UK&#8217;s third nationwide lockdown does not stop the GBP\/USD bulls, even when the economic setbacks increase the odds of a further interest rate cut by the Bank of England.<\/p>\n<p>Traders eye the FOMC meeting minutes later today, apart from an ADP report on private-sector employment, for some meaningful action in the pair during the US session.<\/p>\n<p>At the time of writing, one British Pound buys 1.3632 US dollars, up 0.05% as of 08:54 AM UTC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP\/USD trades above mid-1.3600. The US FOMC and Private jobs eyed. Georgia election results might favour the Democrats. A probable Democrat victory in Georgia Senate elections increased hopes for additional US fiscal stimulus and weighed on the greenback today. The GBP\/USD benefitted from the greenback selling and rose to two-day highs around mid-1.3600s, after briefly [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":5571,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1379,1381],"tags":[3136,1439,1453,1888],"class_list":{"0":"post-107608","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gbp","8":"category-usd","9":"tag-adp-employment","10":"tag-boe","11":"tag-fomc","12":"tag-gbp-usd"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dollar Bears Help GBP\/USD Bulls For another Day - 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\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\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\\\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"Dollar Bears Help GBP\\\/USD Bulls For another Day\",\"datePublished\":\"2021-01-06T08:56:08+00:00\",\"dateModified\":\"2021-01-06T08:57:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\\\/\"},\"wordCount\":234,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100625-gbp-usd-odds-at-no-deal-brexit.jpg\",\"keywords\":[\"ADP employment\",\"boe\",\"FOMC\",\"gbp\\\/usd\"],\"articleSection\":[\"GBP\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105180-dollar-bears-help-gbp-usd-bulls-for-another-day\\\/\",\"name\":\"Dollar Bears Help GBP\\\/USD Bulls For another Day - 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