Free Trial

2018 Highs In The Sights *.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: 2018 Highs In The Sights 
* The marginal dip below the 21 (Gbp0.8838) & 200 (Gbp0.8818) DMAs lacked follow
through Monday with bulls taking comfort in the bounce which resulted in
continued fresh 4mth highs. 
* Immediate focus is now on the Gbp0.8967 2018 high. 
* Bulls look for a close above 2018 highs to initially target Gbp0.9043 Sept 14
highs. 
* Bears now look for a close below Gbp0.8872 to shift focus back to
Gbp0.8779-0.8838 where key DMAs are situated.

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.