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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 AccessHeadline Risk Drives GBPUSD briefly.....>
CABLE TECHS: Headline Risk Drives
GBPUSD briefly cleared 1.27 after PM May stepped down, before quickly retracing
the move. Bulls need a close above the 1.2715/20 area, which has registered a
previous series of highs/lows. Further resistance is located on approach to
1.28, ahead of neckline support-turned-resistance at 1.2900. Bears focus remains
on the 1.26 level, with a downside break likely to accelerate the move towards
Jan 3 hourly support at 1.2555.
To read the full story
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Please enter your details below.
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.