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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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Free AccessConsolidating At Recent Lows
- RES 4: 0.8701/21 High May 7 / High Apr 26 and the bull trigger
- RES 3: 0.8672 High May 25
- RES 2: 0.8610/70 High Jul 22 / High Jul 20 and a key resistance
- RES 1: 0.8580 50-day EMA
- PRICE: 0.8550 @ 16:35 BST Aug 02
- SUP 1: 0.8500 Low Jul 28
- SUP 2: 0.8479 1% 10-dma envelope
- SUP 3: 0.8472 Low Apr 5
- SUP 4: 0.8430 Low Feb 27, 2020
EURGBP is consolidating just above last week's lows. The recent sharp move lower has resulted in a probe of support at 0.8504, the Jul 14 low and a near-term bear trigger. A clear break of this level would strengthen a bearish case and open 0.8472, the Apr 5 low. Moving average studies are in a bear mode highlighting a bearish theme. On the upside, key resistance is unchanged at 0.8670, the Jul 20 high.
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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.