Free Trial

Back Through 1.30 And 200-DMA GBPUSD....>

CABLE TECHS
CABLE TECHS: Back Through 1.30 And 200-DMA
GBPUSD broke back above the 1.30 level and its 200-dma yesterday on positive
Brexit headlines, which now brings the Jan 25 high at 1.3217 into focus. A break
back above here would complete a large bottoming pattern suggesting large
upside. Bears need a close back under the 200-dma at 1.2999 to bring the Feb 14
low at 1.2773 back into view.

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.