Free Trial

Risk-off continues through NY with GBPUSD.....>

CABLE
CABLE: Risk-off continues through NY with GBPUSD briefly trading through
downtrend support to fresh 11-month lows of $1.2836. The dip attracted renewed
demand interest with recovery efforts extending to $1.2845/50 at typing. A close
below downtrend support at $1.2839 keeps the bearish tone in check, opening a
deeper correction to $1.2810/05 (61.8% $1.1841-1.4377/Jun16 2017 high, now
support). 

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.