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WTI TECHS

(M1) Needle Still Points North

BRENT TECHS

(N1) Price Structure Remains Bullish

USDCAD TECHS

Bearish Focus

AUDUSD TECHS

Corrective Pullback

EURJPY TECHS

Needle Still Points North

USDJPY TECHS

Consolidating At Trendline Support

CABLE
CABLE: Cable consolidated back above $1.30 Thursday in reaction to encouraging
Brexit headlines with RTRS sources suggesting that the EU welcomes a new Brexit
plan re: the Irish border from the UK, although EU chief negotiator Barnier once
again pointed to the need for a sound Irish border backstop late in the day.
- GBP/USD last $1.3020, with Thursday's price action leaving the technical
picture neutral. Yesterday's high ($1.3041) provides the initial point of
resistance, while the 55-DMA provides initial support.
- UK docket highlights next week include Aug GDP data, as well as trade &
production data.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com