Free Trial

Comfortably Above 0.88 Brexit...>

EURO-STERLING TECHS
EURO-STERLING TECHS: Comfortably Above 0.88
Brexit headlines continue to dominate price action with EURGBP comfortably
holding above the 0.88 level. Bulls need a close above the 200-dma at 0.8834 to
build on recent momentum, focusing on the 50% retracement of 0.9098-0.8656 &
100-dma at 0.8877/79, ahead of the Oct 30 high at 0.8939. Bears need a break of
0.8700, before turning attention towards Tuesday's multi-month lows of 0.8656,
ahead of the ytd low at 0.8621.

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.