{"id":107928,"date":"2021-01-21T18:30:20","date_gmt":"2021-01-21T18:30:20","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=107928"},"modified":"2021-01-21T21:32:47","modified_gmt":"2021-01-21T21:32:47","slug":"105276-gbp-usd-eyes-1-38-if-resistance-breaks","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\/","title":{"rendered":"GBP\/USD Eyes 1.38 if Resistance Breaks"},"content":{"rendered":"<ul>\n<li><span style=\"font-weight: 400;\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-pound-sterling-live-exchange-rate\/\">GBP<\/a> is benefiting from rising risk sentiment in the markets on optimism that US President Joe Biden will push his $1.9 trillion stimulus program through Congress.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"><a href=\"https:\/\/currencylive.com\/exchange-rate\/gbp-to-usd-exchange-rate-today\/\">GBP\/USD<\/a> struggles to meaningfully move above resistance at 1.37.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Should it break1.37the next resistance level is above the 1.38.<\/span><\/li>\n<\/ul>\n<p><strong>GBP\/USD STRUGGLES AT 1.37<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">GBP\/USD has made several attempts to break through resistance 1.37.A general rise in risk sentiment in the markets could help the pair on a sustained break higher, bringing 1.38 into focus.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A seemingly smooth transition of power in the US from the Trump administration to the Biden administration and optimism surrounding a $1.9 trillion stimulus package which looks as though it could pass through Congress as more Republicans decide to work with him.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As a result, safe-haven outflows have dragged on the US Dollar.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GBP is benefiting from rising risk sentiment in the markets on optimism that US President Joe Biden will push his $1.9 trillion stimulus program through Congress. GBP\/USD struggles to meaningfully move above resistance at 1.37. Should it break1.37the next resistance level is above the 1.38. GBP\/USD STRUGGLES AT 1.37 GBP\/USD has made several attempts to [&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-107928","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 Eyes 1.38 if Resistance Breaks - 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\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\/\" \/>\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\\\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\\\/\"},\"author\":{\"name\":\"Fiona Cincotta\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/8ef0fafb6c93f1204150bb907b42cfec\"},\"headline\":\"GBP\\\/USD Eyes 1.38 if Resistance Breaks\",\"datePublished\":\"2021-01-21T18:30:20+00:00\",\"dateModified\":\"2021-01-21T21:32:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\\\/\"},\"wordCount\":138,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\\\/#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\\\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/105276-gbp-usd-eyes-1-38-if-resistance-breaks\\\/\",\"name\":\"GBP\\\/USD Eyes 1.38 if Resistance Breaks - 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