Free Trial

(H3) Remains Vulnerable


NOK, CAD and WTI drift to session lows


BLOCK, Sep'23 SOFR Call Spd


Effective Fed Funds Rate

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 Access

Bulls Need Close Above..........>

EURO-STERLING TECHS: Bulls Need Close Above Gbp0.8690
*RES 4: Gbp0.8749 Hourly resistance Apr 6 
*RES 3: Gbp0.8729 21-DMA 
*RES 2: Gbp0.8690 Low Apr 10 now resistance 
*RES 1: Gbp0.8679 100-WMA
*PRICE: Gbp0.8650 @ 0430GMT
*SUP 1: Gbp0.8625 2018 Low Apr 13 
*SUP 2: Gbp0.8599 Low May 24 2017 
*SUP 3: Gbp0.8515 High May 15 2017 now support 
*SUP 4: Gbp0.8380 Monthly Low May 10 2017
*COMMENTARY: The marginal weekly close below the 100-WMA adds weight to the
bearish case for a move now initially targeting Gbp0.8380-0.8515 with below
Gbp0.8380 to confirm focus on Gbp0.8313 2017 lows. Bulls now need a close above
Gbp0.8690 to gain breathing room and above Gbp0.8749 to confirm a break of the
21-DMA and to return focus to Gbp0.8797-0.8819 where 55 & 100-DMAs are located.

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.