Free Trial

Cable continues to push lower.

GBP
  • Cable is still going, lower and we are testing through 1.3462 50.0% retracement of the Sep '20 - Jan bull phase
  • Below the latter opens to 1.3430 Low Dec 28, 2020.
  • So Cable has now lost close to 2% from yesterday's high or a whopping 262pips.
  • And since the 14th September peak, we are down 3.38% or 458 pips

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.