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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.
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Free AccessMNI BRIEF: BOJ Tankan To Show Slipping Sentiment
MNI: PBOC Net Drains CNY288.1 Bln via OMO Friday
Bullish Trend Sequence
- RES 4: 1.2276 High Aug 10
- RES 3: 1.2192 200-dma
- RES 2: 1.2154 High Nov 24
- RES 1: 1.2138 2.0% 10-dma envelope
- PRICE: 1.2101 @ 06:24 GMT Nov 25
- SUP 1: 1.2000/1.1873 Round number support / Low Nov 23
- SUP 2: 1.1737 20-day EMA
- SUP 3: 1.1598 50-day EMA
- SUP 4: 1.1500 Round number support
GBPUSD printed another higher high Thursday, extending the recent up trend. The move cements an extension of the bullish price sequence of higher highs and higher lows and note that moving average studies are in a bull-mode position, highlighting current sentiment. The focus is on 1.2192 next, the 200-dma. On the downside, key short-term support is seen at 1.1737, the 20-day EMA.
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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.