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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 AccessGbp0.8988-0.8920 Support Key....>
EURO-STERLING TECHS: Gbp0.8988-0.8920 Support Key
*RES 4: Gbp0.9164 Daily Bull channel top
*RES 3: Gbp0.9070 Bollinger Band top
*RES 2: Gbp0.9068 High Oct 13
*RES 1: Gbp0.9054 2017 High Aug 4
*PRICE: Gbp0.9036 @ 0430GMT
*SUP 1: Gbp0.9020 Hourly support Aug 7
*SUP 2: Gbp0.8994 High July 21 now support
*SUP 3: Gbp0.8988 High Aug 2 now support
*SUP 4: Gbp0.8968 Hourly resistance Aug 2 now support
*COMMENTARY: The Gbp0.8922 support confirmed significance providing the platform
for an aggressive rally to fresh 2017 and 10mth highs that sees bulls initially
focused on Gbp0.9068. A close above this level is needed to target
Gbp0.9164-0.9270 where the bull channel top and 2016 highs are located. Bears
need a close below Gbp0.9020 to gain breathing room and below Gbp0.8988 to shift
focus back to Gbp0.8922.
To read the full story
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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.