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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.
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI POLITICAL RISK - Trump Announces Raft Of Key Nominations
BRIEF: EU-Mercosur Deal In Final Negotiations - EC
MNI BRIEF: Limited Economic Impact Of French Crisis - EC
MNI US MARKETS ANALYSIS - Ouster of Barnier Leaves Little Dent
Needle Still Points South
- RES 4: 1.4203/48 High Jun 3 / High Jun 1 and the bull trigger
- RES 3: 1.4133 High Jun 16
- RES 2: 1.4008 50-day EMA
- RES 1: 1.4001 High Jun 23
- PRICE: 1.3892 @ 06:00 BST Jun 28
- SUP 1: 1.3787 Low Jun 21
- SUP 2: 1.3717 Low Apr 16
- SUP 3: 1.3669 Low Apr 12 and a key support
- SUP 4: 1.3567 Low Apr 2
GBPUSD remains vulnerable. This follows recent weakness that resulted in the break of short-term support levels at the 50-day EMA and 1.4006, May 13 low. The pair has also traded through the 100-DMA, reinforcing current bearish conditions. Scope is seen for an extension lower towards 1.3717, Apr 14 low. On the upside, initial firm resistance is seen at 1.4008, the 50-day EMA. The bear trigger is 1.3787, Jun 21 low.
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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.