Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
Reporting on key macro data at the time of release.
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.
- About Us
CABLE TECHS: Focus Is On 1.3013 Bull Trigger
*RES 4: 1.3130 1.50 projection of Sep 3 - Sep 20 rally from Oct 8 low
*RES 3: 1.3048 High May 10
*RES 2: 1.3013 High Oct 21 and bull trigger
*RES 1: 1.2985 High Nov 18
*PRICE: 1.2955 @ 05:40 GMT Nov 19
*SUP 1: 1.2897 Low Nov 18
*SUP 2: 1.2816 Low Nov 12
*SUP 3: 1.2769 Low Nov 8 and bear trigger
*SUP 4: 1.2703 200-day MA
GBPUSD was one-way traffic Monday, extending recent gains throughout the
session. Yesterday's move resulted in a break of resistance at 1.2921, a
trendline drawn off the Oct 21 high. This break highlights and confirms a bull
flag formation since Oct 21, signalling a resumption of the uptrend that began
in early September. The focus is on 1.3013. A rejection at current levels and a
move below 1.2816 would once again highlight a bearish risk.