Trial now
TURKEY

Erdogan Maintains Unchanged Stance On S-400s

PIPELINE

$5B Nvidia 4Pt Jumbo Leads High-Grade Issuance

EURGBP TECHS

Still Looking For A Break Lower

GBPUSD TECHS

Broad Consolidation

(H18) 99.410 Resistance........>

SHORT-STERLING TECHS
SHORT-STERLING TECHS: (H18) 99.410 Resistance Remains Key
*RES 4: 99.450 Low Sept 13 now resistance
*RES 3: 99.446 100-DMA
*RES 2: 99.424 High Sept 15
*RES 1: 99.410 High Sept 15 & Nov 22-24
*PREVIOUS CLOSE: 99.400
*SUP 1: 99.380 Repeated daily lows Nov
*SUP 2: 99.362 55-DMA
*SUP 3: 99.350 Alternating daily support/resistance
*SUP 4: 99.310 Low Nov 1
*COMMENTARY: Bulls take comfort in the contract trading above 21 & 55 DMAs and
tests of 99.410. Bulls look for a close above 99.410 to add support to their
case for a test of 100 (99.446) & 200 (99.491) DMAs. Bears now look for a close
below 99.380 to confirm a break of the 21-DMA (99.383) easing bullish pressure,
and below 99.350 to shift focus back to 99.300-310 where 2017 lows are noted.