Free Trial
USDCAD TECHS

Impulsive Rally Extends

US TSYS

Late Eurodollar/SOFR/Treasury Option Roundup

EURJPY TECHS

Price Is Below The 50-Day EMA

US

Late Corporate Credit Update

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
CABLE TECHS
CABLE TECHS: 1.2922 in Focus
GBPUSD fell below Oct 4's lows of 1.2922 but regained some ground through the
European afternoon session. A close below 1.2922 would see the 61.8% retracement
from 2016 lows to 2018 highs at 1.2810 act as support before the 2018 lows at
1.2662. Bulls need to initially break and close above up trendline resistance at
1.3023 and recover the 100-dma at 1.3083 to improve the near-term outlook and
close back above 1.32 to regain momentum, before targeting the Sep 20 high at
1.3298.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.