Free Trial

Bulls Target 0.90 And Beyond....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Bulls Target 0.90 And Beyond
EURGBP managed to overcome the 0.89 level again today but has so far failed to
close above here as well as the 50-dma, currently at 0.8896. A close above these
levels would provide further positive momentum for bulls, with 0.8932 the next
obstacle ahead of the Sep 24 high at 0.8997. Bears need to close below up
trendline support & the 200-dma at 0.8843/37 to shift focus back to the
downside.

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.