Free Trial

Briefly Above 0.9000 EURGBP.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Briefly Above 0.9000
EURGBP briefly traded above 0.9000 in Asia, the cross touched 0.9003 before
fading. Bulls need to consolidate back above this level to challenge the August
9 highs at 0.9031 and the major ascending channel top at 0.9050. Initial support
is now placed at 0.8940, but a break below the Aug 14 low at 0.8897 is needed to
shift the outlook neutral.

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.