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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.
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Free Access200/100-DMAs Remains The Focus GBPUSD...>
CABLE TECHS: 200/100-DMAs Remains The Focus
GBPUSD is back on the front foot as bulls look to overcome yesterday's high at
1.2947 to open the key 200/100-dmas just above at 1.2959/72. A close above would
reignite upside momentum towards the 1.30 handle & triangle top resistance at
1.3004, suggesting an upside reversal. On the downside bears focus remains on
Friday's low at 1.2866, ahead of the Feb 12 low at 1.2833 and 61.8% retracement
of the 2016 lows to the 2018 highs at 1.2810.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.