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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 AccessGbp0.8776 & Gbp0.8928 Levels....>
EURO-STERLING TECHS: Gbp0.8776 & Gbp0.8928 Levels Key
*RES 4: Gbp0.8928 High Jan 12
*RES 3: Gbp0.8889 High Feb 16
*RES 2: Gbp0.8880 200-DMA
*RES 1: Gbp0.8870 High Feb 20
*PRICE: Gbp0.8821 @ 0530GMT
*SUP 1: Gbp0.8805 Lows Feb 20 & 21
*SUP 2: Gbp0.8776 Low Feb 9
*SUP 3: Gbp0.8730 Low Feb 8
*SUP 4: Gbp0.8714 Low Feb 1
*COMMENTARY: Bears take comfort in rallies remaining capped ahead of the 200-DMA
with bulls needing a close above to return immediate focus to Gbp0.8928.
Previous attempts to challenge this level have lacked follow through. A close
above Gbp0.8928 is needed to target Gbp0.9013-48. While the 200-DMA caps bears
focus on the break of Gbp0.8776 needed to confirm focus on Gbp0.8645-85 where
the bear channel base and 2018 low are noted.
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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.