Free Trial

0.90 The Next Hurdle To.........>

EURO-STERLING TECHS
EURO-STERLING TECHS: 0.90 The Next Hurdle To Overcome
EURGBP reached as high as 0.8898 on Friday before running into come resistance
at the 50-dma. A break above here and the 0.8900 level would provide further
positive momentum, with 0.8916 the next obstacle ahead of the Sep 24 high of
0.8997. Bears need to Bears need to close back below up trendline
support/200-dma at 0.8843/36 to shift the focus to the downside.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.