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About Us
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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI UST Issuance Deep Dive: Dec 2024
MNI US Employment Insight: Soft Enough To Keep Fed Cutting
MNI ASIA MARKETS ANALYSIS: Jobs Data Green Lights Rate Cuts
Bearish Focus
- RES 4: 1.3045 Former trendline support drawn off the Mar 20 low
- RES 3: 1.3007 High Sep 16 and key near-term resistance
- RES 2: 1.2984 38.2% retracement of the Sep 1 - 23 sell-off
- RES 1: 1.2978 High Oct 1
- PRICE: 1.2865 @ 05:49 BST Oct 2
- SUP 1: 1.2806 Low Sep 30
- SUP 2: 1.2745 Low Sep 28
- SUP 3: 1.2676 Low Sep 23 and the bear trigger
- SUP 4: 1.2670 High Jul 9
GBPUSD had a particularly volatile session Thursday. Technical signals remain bearish and recent gains have likely been a correction. Price action yesterday stalled at 1.2978. Further weakness would expose 1.2806, Sep 30 low and a breach here would open 1.2676, Sep 23 low. Note too that despite coming under pressure this week, resistance around the 20-and 50-day EMAs remains, reinforcing bearish signals. 1.2978 is the first resistance.
To read the full story
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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.