{"id":107742,"date":"2021-01-12T14:28:57","date_gmt":"2021-01-12T14:28:57","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107742"},"modified":"2021-01-12T14:28:57","modified_gmt":"2021-01-12T14:28:57","slug":"102520-gbp-usd-stablises-after-weakness","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/102520-gbp-usd-stablises-after-weakness\/","title":{"rendered":"GBP\/USD Stablises After Weakness"},"content":{"rendered":"<ul>\n<li><span style=\"font-weight: 400;\">After selling off over recent sessions, the Pound is steading versus the greenback and could move higher.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">GBP\u2019s move lower along with the USD rally appears increasingly like a short-term corrective move\u00a0<\/span><\/li>\n<\/ul>\n<p><strong>GBP\/USD &amp; OTHER PAIRS STABILISE<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">GBP\/USD and other European currencies are stabilising in the European trading session indicating that the decline across recent sessions could be a healthy short-term corrective move within the ongoing uptrend which has been in place since September 23 last year.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The decline and recovery of GBP\/USD has been accompanied by similar moves in other currency pairs such as AUD\/USD, NZD\/USD and USD\/CAD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the one hand, political chaos in Washington and rising coronavirus infections could drag on the pair, whilst this can be countered with vaccine rollout developments and the expectation of more US fiscal stimulus.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recently Fed officials have suggested that the US Federal Reserve could soon start tapering its bond buying program later this year: A boost for US treasury yields, the US Dollar whilst a drag for GBP\/USD.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That said flows out of Treasuries could have already run its course. Attention will now turn to more Fed officials due to speak.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After selling off over recent sessions, the Pound is steading versus the greenback and could move higher. GBP\u2019s move lower along with the USD rally appears increasingly like a short-term corrective move\u00a0 GBP\/USD &amp; OTHER PAIRS STABILISE GBP\/USD and other European currencies are stabilising in the European trading session indicating that the decline across recent [&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-107742","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 Stablises After Weakness - 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\/102520-gbp-usd-stablises-after-weakness\/\" \/>\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\\\/102520-gbp-usd-stablises-after-weakness\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102520-gbp-usd-stablises-after-weakness\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD Stablises After Weakness\",\"datePublished\":\"2021-01-12T14:28:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102520-gbp-usd-stablises-after-weakness\\\/\"},\"wordCount\":206,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102520-gbp-usd-stablises-after-weakness\\\/#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\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102520-gbp-usd-stablises-after-weakness\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/102520-gbp-usd-stablises-after-weakness\\\/\",\"name\":\"GBP\\\/USD Stablises After Weakness - 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