Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
- About Us
CABLE TECHS: 1.3013 Marks The Key Resistance
*RES 4: 1.3130 1.50 projection of Sep 3 - Sep 20 rally from Oct 8 low
*RES 3: 1.3048 High May 10
*RES 2: 1.3013 High Oct 21 and bull trigger
*RES 1: 1.2985 High Nov 18
*PRICE: 1.2914 @ 10:21 GMT Nov 20
*SUP 1: 1.2868 Low Nov 15
*SUP 2: 1.2816 Low Nov 12
*SUP 3: 1.2769 Low Nov 8 and bear trigger
*SUP 4: 1.2704 200-day MA
Despite pulling back yesterday and this morning, GBPUSD maintains a firmer
outlook following Monday's gains that resulted in a break of resistance at
1.2921, a trendline drawn off the Oct 21 high. This break confirms a bull flag
formation since Oct 21, signalling a resumption of the uptrend that began in
early September. Attention is on 1.3013, Oct 21 high and the bull trigger.
Initial support is 1.2868, Nov 15 low. A break would concern bulls.