Free Trial

Extending lower

GBP
  • New low for the GBPJPY, and the Pound is the worst performer in G10 against the Yen, not seeing similar price action vs the EUR and the USD, this is more a function of the GBP move, edging also lower versus the EUR and the USD.
  • Support in GBPJPY is at 184.56.
  • Next support for Cable is still at 1.2521 1.382 of Jul 14 - 24 - 27 price swing.

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.