Free Trial

GBP/USD has eased a touch overnight, last.....>

CABLE
CABLE: GBP/USD has eased a touch overnight, last trading 20 pips or so softer at
$1.3240.
- Support is noted at Monday's low ($1.3190), with resistance observed at
Monday's high/the 23.6% retracement of the $1.4377-1.3050 move ($1.3363).
- UK output/ONS monthly GDP data add to the political risk later today.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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.