Free Trial
AUSSIE 10-YEAR TECHS

(U2) More Stable But Still Fragile

USDCAD TECHS

Trend Structure Remains Bullish

US TSYS

Cautious Risk Appetite Gains Momentum

AUDUSD TECHS

Key Support Still Exposed

US STOCKS

Late Equity Roundup: 2W Highs

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

Consolidates For Now *RES 3:....>

EURO-STERLING TECHS
EURO-STERLING TECHS: Consolidates For Now
*RES 3: 0.8504 High Oct 10
*RES 2: 0.8459 High Feb 11
*RES 1: 0.8416 High Feb 20 and key near-term resistance
*PRICE: 0.8362 @ 16:31 GMT Feb 25
*SUP 1: 0.8282 Low Feb 18
*SUP 2: 0.8277 Low Dec 13 and major support
*SUP 3: 0.8251 Low Jul 14 2016
EURGBP traded slightly lower Tuesday but the technical picture remains
unchanged. The recent focus has been on the recovery off the Feb 18 low of
0.8282. To strengthen a bullish case, price needs to trade above last week's
0.8416 high. This would open 0.8504 and 0.8538. Until then, an underlying
bearish threat remains with the focus on the Dec low at 0.8277. Note, a break of
0.8277 would highlight a major bearish breakout of the broad range the cross has
been trading within since Oct 2016.

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.