{"id":166845,"date":"2020-03-19T09:30:40","date_gmt":"2020-03-19T13:30:40","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=166845"},"modified":"2020-03-19T08:10:53","modified_gmt":"2020-03-19T12:10:53","slug":"sterling-falls-to-a-35-year-low","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2020\/03\/sterling-falls-to-a-35-year-low\/","title":{"rendered":"Sterling Falls To A 35-Year Low"},"content":{"rendered":"<div id=\"inves-2660295009\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">March 19, 2020<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <\/strong><a href=\"https:\/\/www.orbex.com\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Orbex<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-166867\" src=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1.png\" alt=\"\" width=\"1331\" height=\"635\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1.png 1331w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1-160x76.png 160w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1-1024x489.png 1024w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1-150x72.png 150w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2020\/03\/GBPUSD-1903-1-768x366.png 768w\" sizes=\"auto, (max-width: 1331px) 100vw, 1331px\" \/><\/a><\/p>\n<p>The pound sterling gave way as it weakened sharply against the dollar.<\/p>\n<p>Losing over 4% on the day, GBPUSD fell to the lowest levels since 1985.<\/p>\n<p>This comes as the 1.2000 handle broke away and offered little support.<\/p>\n<p>Price action in the GBPUSD is now near 1.1600. If this level holds, we might see a reversal in the short term.<\/p>\n<p>However, it is a bit too early to expect any meaningful retracements.<\/p><div id=\"inves-3516445489\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p><strong>By <\/strong><a href=\"https:\/\/www.orbex.com\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>Orbex<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Orbex The pound sterling gave way as it weakened sharply against the dollar. Losing over 4% on the day, GBPUSD fell to the lowest levels since 1985. This comes as the 1.2000 handle broke away and offered little support. Price action in the GBPUSD is now near 1.1600. If this level holds, we might [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-166845","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=166845"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166845\/revisions"}],"predecessor-version":[{"id":166868,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/166845\/revisions\/166868"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=166845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=166845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=166845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}