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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 US CPI Preview: Setting The Tone For 2025
MNI ASIA MARKETS OPEN: NY Fed Inflation Expectations Gaining
MNI ASIA MARKETS ANALYSIS: Tsy Ylds Drift Higher Ahead CPI/PPI
Bounces Ahead of 50-Day EMA
- RES 4: 0.9388 High Mar 23 2020
- RES 3: 0.9292 High Sep 11 2020
- RES 2: 0.9066/9266 High Sep 28 / High Sep 26 and key resistance
- RES 1: 0.8850 High Sep 30
- PRICE: 0.8722 @ 15:21 BST Oct 4
- SUP 1: 0.8650/49 50-day EMA / Intraday low
- SUP 2: 0.8626 Low Sep 1
- SUP 3: 0.8559 76.4% retracement of the Aug 2 - Sep 26 rally
- SUP 4: 0.8522 Low Aug 30
EURGBP bounced ahead of a test of the 50-day EMA Tuesday, although he outlook remains negative for now. Monday’s extension lower put prices below the 20-day EMA and reinforces short-term bearish conditions. Attention is on the 50-day EMA that intersects at 0.8650 and represents a key near-term support. A clear break would signal scope for a deeper retracement. On the upside, initial firm resistance is seen at 0.8850, the Sep 30 high.
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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.