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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 AccessBulls Need Close Above..........>
EURO-STERLING TECHS: Bulls Need Close Above Channel top
*RES 4: Gbp0.9022 High Oct 20
*RES 3: Gbp0.8975 Daily Bear channel top, Bollinger top
*RES 2: Gbp0.8968 High Now 16
*RES 1: Gbp0.8953 100-DMA
*PRICE: Gbp0.8919 @ 0530GMT
*SUP 1: Gbp0.8892 Hourly support Nov 23
*SUP 2: Gbp0.8854 Low Nov 22
*SUP 3: Gbp0.8837 Low Nov 13
*SUP 4: Gbp0.8789 Low Nov 7
*COMMENTARY: Bulls take comfort in the sequence of higher daily highs and lows
with focus having returned to the Gbp0.8953-75 region where the bear channel
top, Bollinger top and 100-DMA are situated. Bulls need a close above Gbp0.8975
to ease bearish pressure and shift initial focus to Gbp0.9022-48. Initial
support is noted at Gbp0.8892 with a close below to ease immediate bullish
pressure and below Gbp0.8837 to return pressure to Gbp0.8718-89.
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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.