Free Trial

Cable breaks next resistance

GBP
  • Cable broke 1.2437 200-dma earlier, now testing the next immediate resistance at 1.2459 38.2% retracement of the Jul 13 - Oct 4 bear leg.
  • Above the latter opens to 1.2506 High Sep 14 .

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.