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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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Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI: PBOC Net Drains CNY227 Bln via OMO Wednesday
MNI BRIEF: Aussie Q3 GDP Prints At 0.3% Q/Q
Bearish conditions dominate:....>
EURO-STERLING TECHS: Bearish conditions dominate:
*RES 4: 0.8975 High Sep 13
*RES 3: 0.8962 Channel resistance drawn off Aug 12 high
*RES 2: 0.8902 High Sep 16
*RES 1: 0.8894 High Sep 19
*PRICE: 0.8856 @ 15:04 GMT Sep 26
*SUP 1: 0.8803 Low Sep 25
*SUP 2: 0.8787 Low Sep 19 and bear trigger
*SUP 3: 0.8772 Low May 22
*SUP 4: 0.8754 Bear channel base drawn off the Aug 12 high
No change in EURGBP with bearish conditions still dominating. The cross has
reached the 0.8809, 61.8% Fibonacci retracement and attention is on 0.8772 and
0.8725, May 22 and 21 lows respectively. These mark the next objectives.
Momentum and moving average studies continue to point south highlighting the
current bearish theme. On the upside, resistance is located at 0.8894, Sep 19
high. Bear channel resistance is at 0.8962.
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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.