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- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- CreditCredit
Real time insight of credit markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
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Free AccessNew 2020 Low *RES 4: 1.3514 High Dec....>
CABLE TECHS: New 2020 Low
*RES 4: 1.3514 High Dec 13 and key resistance
*RES 3: 1.3422 High Dec 16
*RES 2: 1.3338 High Dec 17
*RES 1: 1.3281/84 61.8% of the Dec 13 - Dec 23 decline / Dec 31 high
*PRICE: 1.3079 @ 16:16 GMT Jan 3
*SUP 1: 1.3054 Low Jan 3
*SUP 2: 1.2969 Low Dec 27
*SUP 3: 1.2905 Low Dec 23 and key support
*SUP 4: 1.2824 Low Nov 22
GBPUSD softened throughout the Friday session, adding to Thursday's sell-off.
Despite this, the short-term outlook remains firm following the sharp bounce
between Dec 23 and Dec 31. Thus far, price action has stalled at 1.3281, 61.8%
of the Dec 13 - Dec 23 decline. A clear breach of this level would open the
recent highs of 1.3514, Dec 13 high. Key support for now is 1.2905, a break is
needed to resume the recent bearish pressure. Initial support is at 1.3054.
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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.