Free Trial
ASIA

Coming up in the Asia-Pac session on Monday:

MNI

Coming up in the Asia-Pac session on Monday:

USDCAD TECHS

Consolidation Mode But Remains Bearish

AUDUSD TECHS

Fails To Hold Onto Thursday’s High

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 Access

Channel Top Under Pressure:.....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Channel Top Under Pressure:
*RES 4: 0.9015 High Sep 9
*RES 3: 0.8975 High Sep 13
*RES 2: 0.8971 100-dma
*RES 1: 0.8937 High Oct 1
*PRICE: 0.8904 @ 09:07 GMT Oct 3
*SUP 1: 0.8832 Low Sep 30
*SUP 2: 0.8803 Low Sep 25
*SUP 3: 0.8787 Low Sep 19 and bear trigger
*SUP 4: 0.8772 Low May 22
EURGBP continues to test the top of the broad channel drawn off the Aug 12 high,
that intersects at 0.8907. With the channel top probed this week, today's focus
is on whether the cross can clear Monday's 0.8937 high. This would confirm a
channel breakout. If achieved, it would also signal a trend reversal and open
the 100 dma at 0.8971 initially and the resistance at 0.8975, Sep 13 high would
be exposed too. Support lies at 0.8832, Sep 30 low.
Sign up now for free access to this content.

Please enter your details below and select your areas of interest.