Free Trial

Looking Bullish Sterling managed to.....>

CABLE TECHS
CABLE TECHS: Looking Bullish
Sterling managed to extend its gains yesterday following a battle with the 1.30
area and is honing in on Tuesday's high at 1.3087. A successful move above here
opens up the 100-dma at 1.3186 ahead of the July 9 high at 1.3363. Bears need to
see a close back below 1.30 to suggest the recent gains have marked a false
break and shift the focus back to the 1.28 area.

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.