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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
Bounces Proven Corrective
- RES 4: 1.1906 50-day EMA
- RES 3: 1.1783 High Aug 29
- RES 2: 1.1708 High Sep 12
- RES 1: 1.1703/10 20-day EMA / High Sep 9
- PRICE: 1.1528 @ 16:16 BST Sep 13
- SUP 1: 1.1526 Low Sep 12
- SUP 2: 1.1412/06 Low Mar 20 2020 and major support / Low Sep 7
- SUP 3: 1.1324 1.50 proj of the Jun 16 - Jul 14 - Aug 1 price swing
- SUP 4: 1.1300 Round number support
The trend needle in GBPUSD continues to point south, confirmed by the reversion lower in Tuesday trade. This confirms near-term rallies as corrective in nature. A bearish sequence of lower lows and lower highs continues to highlight the downtrend. Key support at 1.1412, Mar 20 2020 low, has been pierced. This is a key level and a break would strengthen bearish conditions. The 20-day EMA intersects at 1.1703. A clear break would signal scope for a stronger recovery and allow an oversold trend condition to unwind.
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.