Free Trial

Brexit Headlines Dominate Brexit........>

CABLE TECHS
CABLE TECHS: Brexit Headlines Dominate
Brexit headlines dominate price action with GBPUSD comfortably holding above
1.2900. Bulls target a close above the upper bound of the downtrend channel at
1.2944 and the cloud base at 1.2980, ahead of the 100-dma at 1.3043. Bears focus
on a break of 1.28 to retain the longer-term downtrend, targeting the 2018 low
at 1.2662. Below here lies the measured move target from the double top
formation down at 1.2500.

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.