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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.
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Free AccessMNI US OPEN - Trump Warns BRICS Over Moving Away From USD
MNI BRIEF: Japan Q3 GDP To Be Slightly Revised Down
Consolidating close to the highs:.......>
CABLE TECHS: Consolidating close to the highs:
*RES 3: 1.2522 High Jul 24
*RES 2: 1.2427 38.2% retracement 1.3185 - 1.1959
*RES 1: 1.2385 High Sep 9
*PRICE: 1.2325 @ 15:46 GMT Sep 11
*SUP 1: 1.2285/34 50-dma/Low Sep 9
*SUP 2: 1.2210 Low Sep 5
*SUP 3: 1.2160 Former channel top, now support
The Wednesday session was one of consolidation. Having started the week well,
GBPUSD failed to print a new recovery high Tuesday and today, although prices
hold close to the upper end of the recent range. This maintains the bullish
outlook and adds weight to the argument that the bullish theme is likely to
hold. The focus is on the 1.2427 Fibonacci retracement and the 100-dma above
there, currently at 1.2527. Support lies at 1.2234, Monday's low ahead of the
1.2210-2160 zone, Sep 5 low and the former channel top.
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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.