Free Trial

Finding Some Support GBPUSD's...........>

CABLE TECHS: Finding Some Support
GBPUSD's recovery back above 1.2850 has shifted the short-term outlook positive,
with the downtrend from the Aug 31 peak giving way and allowing bulls to target
1.29 and the 50-dma which is acting as near-term resistance at 1.3020. A break
below 1.28 would brings the ytd low at 1.2662 back into view. 

To read the full story



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.