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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.
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Free AccessFresh High Print *RES 4: 1.3381 High....>
CABLE TECHS: Fresh High Print
*RES 4: 1.3381 High Mar 13 and key resistance
*RES 3: 1.3311 High Mar 19
*RES 2: 1.3269 High Apr 27
*RES 1: 1.3229 Intraday high
*PRICE: 1.3216 @ 05:43 GMT Dec 12
*SUP 1: 1.3101 Low Dec 6
*SUP 2: 1.3013 High Oct 21 and the former breakout level
*SUP 3: 1.2983 Low Dec 4
*SUP 4: 1.2879 Low Nov 29
Its election day and GBPUSD remains in a firm uptrend. The pair managed to
recoup effectively all the most recent losses and has overnight also registered
a fresh high print at 1.3229. With trend condition still bullish, scope is seen
for a climb towards 1.3269 next, Apr 27 high. Activity is at risk being more
volatile over the next 24-hrs given today's risk event and once the results of
the election become clear. Initial support is at 1.3101, key support is 1.3013.
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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.