Free Trial

Renewed GBP demand lifts GBPUSD to $1.2945....>

CABLE
CABLE: Renewed GBP demand lifts GBPUSD to $1.2945 targeting a move toward
yesterday's spike high at $1.2983. Expect resistance behind here on approach to
$1.3000, a break opens the 50-dma at $1.3013 which has been hard to overcome in
recent sessions. EURGBP dips back under the Gbp0.90 level to Gbp0.8991.

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.