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Policy
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Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: -
G10 Markets
G10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts -
Emerging Markets
Emerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
-
Commodities
Commodities
Real-time insight of oil & gas markets
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Data
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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.
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About Us
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Free AccessOn The Offer *RES 4: 1.3422 High Dec....>
CABLE TECHS: On The Offer
*RES 4: 1.3422 High Dec 16
*RES 3: 1.3338 High Dec 17
*RES 2: 1.3281/84 61.8% of the Dec 13 - Dec 23 decline / Dec 31 high
*RES 1: 1.3212 High Jul 7
*PRICE: 1.3050 @ 16:01 GMT Jan 9
*SUP 1: 1.2969 Low Dec 27
*SUP 2: 1.2905 Low Dec 23 and key support
*SUP 3: 1.2824 Low Nov 22
*SUP 4: 1.2801 Trendline support drawn off the Sep 3 low
GBPUSD traded lower Thursday following the breach of support at 1.3054, Jan 3
low. This dents the bullish them alluded to recently following the recovery
between Dec 23 - Dec 31. Furthermore, last week's gains stalled at 1.3281, 61.8%
of the Dec 13 - Dec 23 decline and this is beginning to weigh on sentiment. A
deeper pullback would open 1.2905, Dec 23 low and a key support. On the upside,
a break above 1.3212 is required to reinstate a bullish focus.
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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.