- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - Data
- MarketsMarkets
Real-time insight on key fixed income and fx markets.
- Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- Political RiskPolitical Risk
Intelligence on key political and geopolitical events around the world.
LATEST FROM POLITICAL RISK: - About Us
Tech Focus: LatAm FX Price Signal Summary: USDBRL Triangle Formation
MNI POLICY: U.S. Currency Report Drops 'Manipulator' Label
MNI BRIEF: China Banks Must Step Up Loan Disposals: Survey
MNI China Daily Summary: Friday, April 16
MNI BRIEF: China Regulator Urges SPB Use To Boost Bank Capital
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
- RES 4: 1.4237 High Feb 24 and the bull trigger
- RES 3: 1.4182 High Feb 25
- RES 2: 1.4148 Bull channel top drawn off the Nov 2, 2020 low
- RES 1: 1.4029 High Feb 26
- PRICE: 1.3958 @ 06:23 GMT Mar 4
- SUP 1: 1.3859/30 Low Mar 2 / Low Feb 17
- SUP 2: 1.3823 61.8% Retracement February Rally
- SUP 3: 1.3776 Low Feb 12 and key near-term support
- SUP 4: 1.3751 50-day EMA
Cable is consolidating. The pair remains vulnerable following the pullback from the Feb 24 high of 1.4237. Price earlier this week traded below the 20-day EMA and a clear breach would signal scope for a move towards 1.3823, a retracement level, and the key near-term support at 1.3776, Feb 12 low. Initial resistance is seen at 1.4029, Feb 26 high. Key trend support is 1.3692, the bull channel base drawn off the Nov 2, 2020 low.