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About Us
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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.
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 AccessMNI ASIA OPEN: Weak 30Y Reopen, ECB Forward Guidance Weighing
MNI ASIA MARKETS ANALYSIS: Tsys Reverse Early Data Driven Gain
MNI US Inflation Insight: Softer Housing Helps Ensure Dec Cut
Challenging The 50-Day EMA
- RES 4: 1.4074 Low Jun 10
- RES 3: 1.4001 High Jun 23
- RES 2: 1.3910 High Jul 12 and a key resistance
- RES 1: 1.3884/94 50-day EMA / High Jul 27
- PRICE: 1.3876 @ 19:37 BST Jul 28
- SUP 1: 1.3720/3572 Low Jul 23 / Low Jul 20 and the bear trigger
- SUP 2: 1.3520/3493 Low Jan 18 / 2.0%10-dma envelope
- SUP 3: 1.3452 Low Jan 11
- SUP 4: 1.3430 Low Dec 28, 2020
GBPUSD is testing the 50-day EMA. The average intersects at 1.3884 Wednesday and represents a key short-term resistance area and is key for the near-term outlook. A bearish trend structure remains intact. A clear break though of the 50-day EMA and a close above would threaten a bearish view and expose a key short-term resistance at 1.3910, Jul 12 high. A turn lower would signal the end of the recent bounce and open 1.3572, key support and Jul 20 low.
To read the full story
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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.